- Joined
- Sep 14, 2004
- Professional Status
- Certified Residential Appraiser
- State
- California
It's modern monetary theory Terrel, they don't think it matters how big the credit card gets. Stupid s*&t fails every time its tried. The Austrians were right.The treasury auctions went poorly and no one wants our debt. China is dumping US bonds like mad. They don't want to be holding them when they take on Taiwan. Meanwhile Moody's just downgraded USA debt rating citing spending and political divide. And economist said US "is spending like drunken sailors."