Quote from denner:
LOL, 50 years. I don't even believe we have 10. Ben is already into the "throw the kitchen sink" at the problem with open-ended, unlimited QE and ZIRP extended to roughly 8 years (presently).
They said that during the Bush years, there is a 60 minutes piece about the head of the CBO saying we are doomed, this was a good ten years ago.
We can only default is someone calls the loan, no one is going to do that.
