TSX:LSG.DB - Post by User
Comment by
sens93on Sep 18, 2014 7:14pm
316 Views
Post# 22950148
RE:RE:Fed to raise rates after 14% drop in new home sales..
RE:RE:Fed to raise rates after 14% drop in new home sales.. Just a few corrections here. The US federal national debt ios indeed $17.5T. The unfunded liabilities can not be considered debt, as they can be erased with a strok of a pen. Sorry folks, medicade is dead. The system can con ine for a Loooooongggggg time, as long as they can continue to inflate 4-5% a year..... I agree that in our lifetime a reset is coming, but I think its is more likely 20 years from now, than say 2 years. Also, IF you believe inflation/hyperinflation is coming, you better be long on the markets. However, look at Japan. A stock market and real estate bubble popped in 1990, and they have 200% debt to gdp. Inflation? Nope. They have DEFLATION, which is the more likely scenario for north america. This ofcourse is terrible for gold.