Riches to Rags-Overnight
Feb 18th, 2010 by The Outsider
I was afraid this would happen. China is dumping our debt. This might be the beginning of an international “adjustment” in the world economy with us begging other countries to get stuck holding the bag for our debt. Why would any sane financially responsible person want to do that. Just like Obama’s word, our bonds and fiat money is worthless! Survival might depend on bartering with one another and doing things like gardening, canning, etc. Don’t look to the government for help! They are no less than a bunch of parasites living off the earnings of the people they hate–the rich! Read story here.