Too Smart To Be A Liberal Wrote:
Apr 12, 2013 4:55 AM
The government will erase the debt the way it always has - through inflation. When the Chinese come knocking for the $4 trillion we owe them, the Treasury will simply print the dollars. The Chinese will then do what the Japanese did two decades ago - buy up American capital. I for one am learning Mandarin, so that I can secure a job in the future economy helping them scoop up "cheap" (for them) businesses and real estate.