/p/
Toledo Talk forums search sign-up login

Article source for : The dollar and the Prisoner's dilemma

http://www.bitsofnews.com/content/view/8652/

"First and foremost, you can't keep taking on more and more debt without it eventually effecting day-to-day operations. All that debt requires interest payments and degrades overall credit quality. When credit quality declines interest payments rise. Eventually these forces start a negative feedback loop and the whole system crashes."

"The bailouts so far is estimated at a staggering $1.43 Trillion. About 10% of America's GDP."