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Rollover Risk and American Hegemony

- Michael S. Rozeff - Mike Rozeff

Since the money was created from nothing and the government (which if this was a democracy would be the people and not the losers we elect )decides it is not going to pay the interest. What are the investors going to do? What is it they can actually do? What keeps us playing this stupid game? Just the con that we should pay interest on nothing? Bullets,rope, and poison are still relatively cheap in fiat land. They want us to use their money so maybe we should invest in something to get us out of this Con Job?

Commented 4804 days ago

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Beginning of the headline : The debt limit will be raised.Neither side will get its way. The U.S.government always raises the debt limit.How else would the debt and the government have gotten so large? Not raising the debt limit means that the government takes the road to financial suicide.That step would shock its creditors... Read More

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