From the Dr. Housing Bubble blog: The Paradox of Spendthrifts – Government Offering 0 Percent on I Savings Bonds and Creating Incentives to Spend. Punishing the Prudent and Savers. $115 Trillion in Total U.S. Debt
It is nice to see that the spot price of silver has bounced back. I hope that you folks took advantage of the recent dip. (I did!) It may not occur until after inflation kicks in, in the aftermath of overspending on the Mother of All Bailouts (MOAB), but I stand by my long term prediction of $50+ silver.
Great Recession’ Will Redefine Full Employment as Jobs Vanish (Thanks to Eric for the link.)