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<p>[QUOTE=&quot;InfleXion, post: 2238456, member: 29012&quot;]Sovereign nations are already insolvent. Debt to GDP ratio is a runaway train for pretty much everybody, because debt grows exponentially due to exhorbitant interest, where as GDP grows linearly at best but is currently flat or contracting, and thus it is literally impossible for GDP to rise quickly enough to pay down the debt. Raising rates simply makes nations even more insolvent as the existing debt becomes even more expensive to pay back. Any privatizing of the bonds requires Fed money to be pumped into the (also insolvent if not for free money) primary dealers for that purpose, which means money printing, which means debt creation.[/QUOTE]</p><p><br /></p>

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