Western Rifle Shooters Association

Do not give in to Evil, but proceed ever more boldly against it

Thursday, November 5, 2009

How Soon?

(click on graph to enlarge)

Read this post and related links at Fabius Maximus and ponder its central point:

What happens in 2010 and 2011 when the Treasury debt then due (i.e., the red lines at the left of the graph above) cannot be refinanced, due to a lack of willing buyers, unpalatable terms (e.g., greater than market interest rates, etc.), or both?

Zippy the Pinhead knows the answer:


Post a Comment

Subscribe to Post Comments [Atom]

<< Home