Good Math: The world cannot lend more than her entire GDP to the U.S.

Good Math. Hyperinflate or not, the world cannot lend more than her entire GDP to the U.S.

"It's just not out there", John Mauldin.



So like I said, "Will U.S. just default on their debts or inflate like Zimbabwe to shrink the real value of their debts? Not unless America want to be turned into a "Third World" country paying 15-20% interest rates on in Yen/Euro denominated bond from now on. Or worse yet, no credit/imports at all (as nobody would willing to trade/entrust their precious resources/credit for a worthless, Zimbabwean like currency/economy.)"

I guess by "Death", we are looking at food stamps suspension/reduction and further healthcare collapse when the country simply cannot afford First World amenities to the grassroots Americans.

Good Math: The world cannot lend more than her entire GDP to the U.S.