Diary

USA Heading for Chp. 11

With each and every bailout, $700 Billion here, $300 Billion there the US is heading down the road of bankruptcy. Who is going to buy all this debt? Whether the Federal Reserve likes it or not, at some point soon interest rates will jack up due to other countries being unwilling to buy all this debt at 1%. So called conservative Republicans would be wise to head this warning and be on the right side of history on this one. **