sovereign debt is the tipping point, page-5

  1. 1,348 Posts.
    " printing is the universal solution for almost everything. "

    Until it reaches the point where no matter how much you print it doesn't have any effect and at that point the whole financial system will come crashing down to reality.

    Reality is that people do not understand the dynamics of debt and the risks associated with debt.

    We have a debt problem not a credit problem and until those idiots wake up to this fact we will be stuck like this for a while.

 
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