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

To: Real Man who wrote (56768)	1/15/2015 3:07:22 PM
From: Secret_Agent_Man	1 Recommendation Recommended By sense Read Replies (1) \| Respond to of 71454

the US has been BK since 1933 and all this is just receivership nonsense...so umm yeah BK's do happen

To: Real Man who wrote (56768)	1/15/2015 3:07:22 PM
From: Tommaso	Read Replies (3) \| Respond to of 71454

To state the obvious and the much-repeated: When long term interest rates rise to 6% on U. S. government debt, the interest payments will be more than the total income from tax revenues. As soon as the rest of the world realizes that debts are being paid in worthless I. O. U. paper (which as we all know has already been happening for some time) there will have to be some form of debt repudiation. Might be comparable to what France has done a couple of times, when it was the greatest European power.