Frank130 Wrote:
Jan 01, 2013 1:58 PM
The USA cannot repay its debt and US Dollars & US Treasury debt obligations will one day crash when enough people wake up to that fact. And people will eventually wake up if Washington continues to spend beyond its means & continues to create money out of thin air. Since I don't see Washington changing policies any time soon, the only "safe haven" will prove to be things of intrinsic value. I don't see stability ahead & the Federal Reserve cannot keep interest rates artificially at zero forever... yet they must stay at zero or we default on our debt.