But they made their point.
On a bigger question, I see no way we can continuing to service our debt with the world selling our bonds and dollars.
If average interest rates go from 3% now,to 6% we would need to pay 2 trillion in interest, and print lots of money, which would spell our doom.
And we know Trump won't care. Inflation helps the rich and hurts the poor.
The world, and especially China and maybe Japan going forward, is selling America, dollar and bonds, and buying resources like gold, copper, silver, PGM's etc.
What I see is a hard core depression with hyper inflation.
Trump will make it happen, and then flee to Russia-lol. |
