Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
zerohedge.com / By Tyler Durden / October 13, 2013, 15:58 -0400
If Congress doesn’t raise the debt ceiling soon, the U.S. government won’t be able to pay its debts. Here’s NPR’s simple (and complete) illustration to who the government owes money to — all the holders of U.S. Treasury debt, broken down by category and by how much government debt they hold. It would appear the government’s ponzi self-financing may be exposed for all to see… (and is it anywonder the Chinese are complaining?)
Thanks to BrotherJohnF