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Looks like we may be headed right on back to the good ol' days of Carterville, yee-haw! If the Chinese and Japanese stop buying our ...


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Old 09-25-2009, 09:56 AM   #1
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Looks like we may be headed right on back to the good ol' days of Carterville, yee-haw!

If the Chinese and Japanese stop buying our bonds, we could easily see [inflation] go to 15 to 20 percent,” he said. “It's not a question of the economy. It's a question of who will lend us the money if they don't. Imagine us getting ourselves in a situation where we're totally dependent on those two countries. It's crazy.”

Inflation a Risk Without Foreign Debt Buyers: Robertson - Economy * US * News * Story - CNBC.com
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