Comment 65675

By BobInnes (registered) - website | Posted July 06, 2011 at 23:31:27 in reply to Comment 65585

Whatever happened to the Libertarian Small Gov't A.Smith I used to know? Amazing line of reasoning from you of all people. But I think we are about to find out just how far you can take your logic. Give it a few years or have a look at recent bond rates for the PIIGS and then tell us what our debt payments will be under similar conditions. Conditions that I believe will pertain as soon as this ridiculous bubble pops and bondholders go on strike or get screwed. Either way, your logic freezes up and the free lunch is over.

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