On Mon, 13 Jun 2016 21:26:10 -0400, Wayne.B
wrote:

On Mon, 13 Jun 2016 19:51:11 -0400, wrote:

This is a debt bubble, there are plenty of economists who agree with
that and it is only pollyanna politicians who want to borrow more
money, give it away for votes and create more debt who disagree.

===

And when it blows up they will look around and find out there are no
more bullets in the gun.

The Pimco guy was on Charlie Rose saying that exact thing. There are a
few central bankers who agree with him. This was brought out when they
said they could not service the debt if we could not raise the debt
limit. There is something seriously wrong with that thinking.