Best Hope for Liberty in the United States is to Default of Foreign Debt
I always pay my debts. Always.
However in the case of the United States government we need to shut down their ability to borrow money from foreign governments. Incredibly after bilking foreign investors with various imaginative forms of investment paper the dollar strengthened as the world paniced. Governments and individuals around the world mistakenly thought the USA was the safest place for their money. But after Obama was elected was this true any more? Clearly not as he is spending every buck that comes into the country and then some. In doing so he is increasing government size at cancer like rates of growth. There is only one way to shut this down and that is for the rest of the world to stop lending us money.
I hope they stop soon. It will be bad news for the strength of the dollar. Here in Brazil I won’t like the fact that it takes more to buy the necessities of life but then that will just be my part. For all the pain it will cause the USA will end up being a better place.
Are you listening China?
