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<p>[QUOTE="fatima, post: 1415179, member: 22143"]You are correct about this, but if anything else, rising rates will force Americans to make sacrifices which they are not used to. I don't pay any attention now to the national elections because they simply don't do anything to address the real issues.</p><p><br /></p><p>In 2008, after the collapse had started and before the election, I did hear something interesting which certainly turned out to be true. Someone, I don't remember who now, was asked which candidate would fix the economy. His response was that in order do fix the economy the new President would have to ask Americans to make big sacrifices. He said that he didn't see this with either candidate. </p><p><br /></p><p>So the response to the debt problem we had then, was to create even more debt. The guy was absolutely correct. I do think at some point interest rates will be forced up, but when that happens will be the last ditch effort to save the system. That's when gold & silver investors will need to carefully pay attention to events.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1415179, member: 22143"]You are correct about this, but if anything else, rising rates will force Americans to make sacrifices which they are not used to. I don't pay any attention now to the national elections because they simply don't do anything to address the real issues. In 2008, after the collapse had started and before the election, I did hear something interesting which certainly turned out to be true. Someone, I don't remember who now, was asked which candidate would fix the economy. His response was that in order do fix the economy the new President would have to ask Americans to make big sacrifices. He said that he didn't see this with either candidate. So the response to the debt problem we had then, was to create even more debt. The guy was absolutely correct. I do think at some point interest rates will be forced up, but when that happens will be the last ditch effort to save the system. That's when gold & silver investors will need to carefully pay attention to events.[/QUOTE]
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