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| Economy |
| Texas Federal Reserve Chair: At this rate "we will become insolvent, the question is when" |
| 2011-03-22 |
| Posted by:DarthVader |
| #4 And our hyperinflation will be self-sustaining rather than cleansing because the things that have bankrupted the nation operate on autopilot & increase faster than the real rate of inflation. |
| Posted by: AzCat 2011-03-22 21:44 |
| #3 Countries only become insolvent when they have debts denominated in other countries currencies. Which in a nutshell is Greece/Ireland/Portugal/Spain's problem. The USA doesn't have this problem, and will end up with hyper-inflation rather than insolvency. |
| Posted by: phil_b 2011-03-22 20:30 |
| #2 Don't forget ink in the pen. We still have ink in the pen. |
| Posted by: badanov 2011-03-22 19:54 |
| #1 We are already insolvent, but our credit is good & the Bernank still has blank checks. |
| Posted by: Anguper Hupomosing9418 2011-03-22 17:08 |