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To: loantech who wrote (35246)3/7/2007 5:46:17 PM
From: koan  Read Replies (1) | Respond to of 78425
 
The question I keep asking Tom, is that if we go into a recession, ergo our tax receipts decline, with two wars and the baby boomers coming on line, our deficit could go over one trillion dollars! And then another trilllion for our trade deficit. 2 trillion in deficits in one year-------!

We can't pay the interest on that much money plus what we owe already.

That would destroy the dollar, so how does this all work out?

This is a question, I do not have a clue-lol.