Hi Andy,
I see you guys are still living in the past.
Gordon Brown, Zimbabwe, Weimar Republic, Nixon. We've moved on from all that drama, but goldbugs love reliving the glory days of sovereigns and the completely redundant gold standard.
If you think the US has debt, you should start looking at the Chinese debt. Lots of it and bad debt too, according to the news this morning.
The US debt is about 75% of debt/gdp, china is about 350%. As you know I follow the aviation scene and I know China is a particular favourite of yours to take over the World and relegate the USA to a lower order.
I don't think that'll be happening anytime soon. There's new recently that several pilots have been killed trying to land on their second hand aircraft carrier they bought from the Russians, but worse is the MA60. A Chinese built turbo prop that's been sidelined after loads of accidents.
http://www.theaustralian.com.au/bus...m/news-story/49930bdb0e3d697bf88b97be21e06365
http://www.wsj.com/articles/a-tarnished-turboprop-clouds-chinas-aviation-dream-1458506181
Now you know why Xi Jin Ping flies around in a Boeing 747.
