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.Quote from Spiker:
What if Obama would take that 2.2 Trill and slash down the deficit . . . .
November would be a walk in the park..
Quote from pspr:
"... And, if Republicans do win the Presidency and a majority in the Senate and actually do what is needed to get us on the right course; they will be voted out of office in the next election because too many people count on the government dole.
.I'm not sure how this will go down. At some point, there won't be enough buyers of our debt and the FED will become the primary purchaser by creating money. At some point this will lead to a falling dollar and hyper-inflation with significantly high interest rates.Quote from Tsing Tao:
It doesn't matter. At the end of the day, even if the Democrats continue to remain in power, their days are limited. Pretty soon there will simply be no more money to spend.
It won't make a difference who is in charge. In fact, the only difference is the time in which this happens. If it is the democrats, it'll be much faster.