$ 18 Trillion and counting. http://www.usdebtclock.org/
IRA Wealth in 2012 was $ 3.5 Trillion
Mutual Fund Wealth<--- a lot.
So the question is when thegovernment needs to pay the National Debt what will they do ?
What happens if a lot of that money looks for safe havens. Would it be a mad rush ?
There is no telling how the Government will approach the problem. Taxation ? Devaluating the Dollar ?
Those are things to ponder on !!
No comments:
Post a Comment