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Politics : THE WHITE HOUSE -- Ignore unavailable to you. Want to Upgrade?

To: goldworldnet who wrote (6755)	7/30/2007 8:36:12 PM
From: DuckTapeSunroof	Respond to of 25737

"The Soviet Union didn't slowly sink. It was more like it reached a breaking point." You make an excellent point. There is no law that says financial disasters can't come rapidly. (Possibly our reliance upon external financing for our national debt could be a very real weakness and pressure point. All it would take would be buyers buying less and less Treasury debt --- and more of other countries' debt, and more real assets and corporate --- and we could fast see an interest rate spike to make Volker turn-over in his grave.)