Quote:
Originally Posted by Tobra
Mule, he is on my ignore list because he does not contribute to the discussion. For example, in your quote of him, he stupidly suggests that our creditors are going to call our loans. Won't happen. If the US economy collapses, it is not going to impact the rest of the world in a positive way.
We are in for tough times, and I fear we will begin resembling Europe more and more, we are in for a long recession or depression. Eventually it all falls to pieces, because of the entitlement programs growing, and the number of people actually kicking in money shrinking.
It is all just a matter of time. Eventually, unreasonable socialists, like superman or his buddies, will outnumber reasonable folks and democracy will take its course.
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So you deduce that our creditors will never call our loans to them. Now that is true brilliance personified. Do you actually believe that they are buying them so that they will never cash them in? Don't quit your day job to go into finance.
However, maybe our creditors are spending their money on our bonds just so that they can build card houses out of them for display during cocktail parties. Right?
BTW, the reason you ignore people is that you cannot respond to logical questions (such as right here) and that you often box yourself into a corner and it's easier to hide. Live with it.