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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Fiscally Conservative who wrote (42372)10/4/2011 11:07:19 AM
From: Real Man1 Recommendation  Read Replies (1) | Respond to of 71412
 
I think we keep going down and there will be
big blowups. Greece default, defined as Greece stopping
debt payments, is unavoidable. They can't loan Greece
more money to pay unsustainable interest. The loan
will go toward interest payments, loan balance will grow,
the economy will decline. Everybody else is in the
same situation, some closer to the fan than others.