Its going to get ugly...
America's Mounting Debt Crisis
"If the world's central bankers accumulate fewer dollars, the result would be an unrelenting American need to borrow in the face of an ever weaker dollar - a recipe for higher interest rates and higher prices. The economic repercussions could unfold gradually, resulting in a long, slow decline in living standards. Or there could be a quick unraveling, with the hallmarks of an uncontrolled fiscal crisis." New York Times editorial 4-2-05......
http://www.progressivetrail.org/articles/050412Whitney.shtml
Got Gold?
Its going to get ugly...America's Mounting Debt Crisis"If the...
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