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<p>[QUOTE=&quot;InfleXion, post: 1380797, member: 29012&quot;]Aye, but this has been the modus operandi for 40+ years. Debt must grow exponentially in order to keep paying off the existing debt when spending is not curbed. This most recent Greek bailout deal finally detailed what I&#039;ve been expecting - pay the debt or give up the gold. Default is being expected March 20 or March 23 depending on who you source, probably finally in the cards now that the gold is on the line. :/ Although if there is an actual default and not a haircut then I would not look to the USD as being the beneficiary in a global financial liquidity crunch. My gut says it will be a haircut because otherwise things get ugly.[/QUOTE]</p><p><br /></p>

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