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Nobody left to buy the debt.

Nobody left to buy the debt. Foreign Central Banks won't because they know they will get paid back in worthless dollars. They already own 43% of our debt. The government won't let bond yields soar because that would kill the economy. So the Fed will be the buyer and inflation will skyrocket.

Submitted by Michael Pento on Sat, 2008/09/20 - 8:10am » 

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