u.s. too big to fail, page-12

Hi All4One and all,

Let’s not forget Italy has not had a working government since the end of the Second World War and yet the sun still shines!

How much sleep would you expect the average US man on the street would lose if China and others had to settle for 5 cents on the dollar on the bonds they hold?

The guys in Washington are not fools even if the act that way most of the time, they fully appreciate that the current debts and unfunded liabilities will not be settled in their political lifetimes it’s all just one big act. How much longer they can bluff and bully and (AAA) borrow their way forward is the big question! The Roman Empire looked pretty good there for a while.

Imagine if US senators had to sign a personal guarantee much the same as an Australian business credit application form how many members would they have in the Washington millionaires club?

Cheers and very best regards: Andy