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