Addison Wiggin on anand thakur
Addison Wiggin9 quotes“It means the US can’t borrow with ‘exorbitant privilege’ anymore.”
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And it means the US Treasury market is set for an out-of-control interest rate spiral.
Addison WigginAddison Wiggin Counting obligations under Medicare and Social Security.
Addison WigginAddison Wiggin No one was ever legally required to pay money to Madoff.
Addison WigginAddison Wiggin Essentially would be the death knell to the US Dollar as the reserve currency.
Addison WigginAddison Wiggin The petroDollar system breaking down, where oil is no longer paid for in Dollars internationally.
Addison WigginAddison Wiggin In all fairness, you should point out the difference.
Addison WigginAddison Wiggin For those who unfairly lump Social Security in with Bernie Madoff.
Addison WigginAddison Wiggin The real debt of the United States is more than 10 times the reported national debt.
Addison WigginAddison Wiggin
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That’s the illusion – the idea that you can be all right on the inside and not act it out – and it has affected us in many ways. That’s a part of the idea that professing is enough.
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