RE: RE: RE: Santa's on the line.............I don't know what you people all think , but what I think is this . Most governments in the world are like what GM was in 2008 , before the US government took over . They mostly all have huge deficits , and huge accumulated debt . They are giving their citizens more benefits than they are paying in taxes . Particularly the medical systems which are increasing costs at double the rate of GDP growth or inflation . The managers ( in this case politicians ) are incabable of dealing with the situations . They are in the mollify the constituent business , not the nation management business . When GM went down the shareholders and bondholders were left holding the bag . The unions took minor concessions and the government took equity and control . The bondholders got about 15 % on the dollar , the shareholders were treated in a similar fashion . And thats whats going to happen on a massive level . The bondholders of government debt are going to take the hit . Competitive currency devaluation is going to proceed to a blowoff before its all over . The only danger with gold ownership is getting it confiscated by government . Incidently I think Stockhouse has fumbled the ball on this redesign , it doesn't work well at all . But they aren't requesting feedback . Too bad
regards
G