Federal Reserve Admits U.S. Government Is Bankrupt

[eagle]

Spit blood inside.

Quote from brocklanders:

Reuters has a sense of humor today.

 

[jjf]

Quote from Pa(b)st Prime:

My McCain vote is 50% anti-Obama and 50% pro-Sarah.

"pro Sarah" I knew that I had a handle on your rationale.

"The economy is strong but Wall Street is a mess" sarah says.

You are just going to love the interview, maybe even buy the dvd.

 

[purple]

Arguing over the figureheads? Doesnt make a difference now. Nothing is going to pull the dollar ahead of the national debt, and all the bailout. Traders days are numbered. Exchange what you can to be on top so you can own the most firestarter. Winters coming.
http://news.bbc.co.uk/2/hi/business/7622526.stm
Puting more money in makes the dollar worth less.

 

[purple]

The questions I have are this:

With the Treasury increasing its debt load at a breakneck pace, what happens when those lending it the cash are no longer able or willing to continue doing so because they need the money to fund their own obligations?
What happens when, God forbid, they ask for their money back?
Anyone want to make a stab at this?

 

[purple]

I know no one has an answer for this. The markets have no reason not to plunge into "One Hell of a Depression".