Set aside the fact that three weeks ago the 40# brains of this regime felt they had enough money to go to war with Syria, but today they've laid-off amost a million (nonessential) gooberment employees because they can't pay them.
Let's talk about something ELSE that the teleprompter readers of the DMC (Democratic Media Complex) and the NSDWP (National Socialist Democratic Workers Party) are NOT talking about. The US is broke!
- The FED has bought 110% of the net issuance of US Treasurys this year. Not just every dollar of new debt, but a little more than that.
- By mid-October this number approaches 140%.
This suggests that the US Treasury is otherwise unable to 'borrow'...at what point when no further credit is extended does it all collapse?
Thursday, 3 October 2013
The next exit..................from Rico
From Theo Spark at 23:00
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