BoatBanter.com - View Single Post - Stupid Americans! -- Stupid... Stupid... STUPID!!! __________==___ gepkox

From: Wilko

snip
Also, with the ever increasing fall of the dollar, inflation is catching
up with the gross overspending of your government. You can't spend what
you don't have, and taking out loans to still spend more than what you
have means that eventually there will be someone knocking on your door
asking that money back. As things stand, the U.S. isn't going to be able
to pay back that debt as it is right now, and it's only growing bigger.
snip

Absolutely correct. The 8 trillion $ debt (was 7 1/2 trillion, but they raised
the debt cieling since this conversation was started) cannot be repaid with
today's dollar. Look for the $ to be devalued even more. Anyone who owns US $
(savings), gets paid in $ or spends $ will be affected. Many Americans will
suffer greatly for this debacle, and some will get even wealthier.

Dennis