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02/24/2011

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Ross J Warren

What you will bequest to your Grandchildren isn't a massive debt, it is an inevitable economic collapse. At some point, shortly after debt reaches 100% of Gross National product we reach a point of no resolution. Either we hyper-inflate or we quickly make a grab for Gold to shore up a new currency. Almost any other solution involves an unacceptable burden on free people. A people cannot ultimately underwrite any single individual, neither can a free people be held responsible for a National debt, at some point the democratic process has no choice but to obey the Will of its people.

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