gold chat, page-111

Skol,

The problem with the world financial system isn't a lack of willingness on the part of Americans to spend money on jet aircraft.
It is the fact that the money used to purchase the aircraft is being printed at an unprecedented and unsustainable rate.
US govt debt is approaching $16 TRILLION. That buys a heck of a lot of 737s. Do you see this debt being paid down anytime soon or even the rate of increase being slowed?
Do you think that this level of debt in USA and Europe is a problem at all?