Are Uncle Sams Creditors Heading for the Exit? »
Posted By populist 11 months, 3 weeks ago in Political NewsThere are growing signs of hesitation and fear on behalf of those who would lend Uncle Sam the funds to finance yet another "stimulus" plan. No small wonder as the U.S. is flat broke and up to it's eyes in unpaid debt as it is.
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populist
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sinophil4911 months, 3 weeks ago
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Excellent, cautionary article about the coming difficulties about the stimulus package our economy needs. What a difficult balancing act Obama's administration must accomplish.
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Too little of a stimulus and the economy will not respond and sinks further.
Too much of a stimulus package and our sky high national debt rockets up even further and drives down the value of the dollar and makes our debt securities worthless or very risky or both.
Really. Who would want to buy securities from us now in the face of the sinking economy we are in? If no one purchases these securities, how will the stimulus be financed?
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