wrote in message
...
On Thu, 30 Sep 2010 17:55:44 -0700, "nom=de=plume"
wrote:


"Canuck57" wrote in message
...

So is the US The Federal Reserve Bank bankrupt?

Perhaps. They are issuing lots of new fiat money to the US and other
governments as no one is lending them money any more. Keep crating
money
until it breaks and then declare bankruptcy on a world wide scale.

http://curiouscapitalist.blogs.time....dump-u-s-debt/

Which is the real reason behind government rant on currency, they want
the
Chinese to eat the depreciation of US debt.

Suckers play by democrat debtors in denial.

Boats are only going to get cheaper.

--
Is government working for you, or are you working for the government?

Nuckles, nuckles... the Fed can't go bankrupt. Learn to use google. Google
is your friend.


Certainly it can. All it would take is for China to stop buying our
debt and dump their dollars on the world money markets.

As I said, it can't go bankrupt.

It would certainly hurt them bad but it would kill us. The Chinese
expect tanks in the street to kick them back into the fold but we
would not survive as a country if it happens here.

No, actually, the reverse is true. It would hurt us and wipe them out.