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<p>[QUOTE=&quot;ToughCOINS, post: 2321235, member: 20480&quot;]The debt is only unsustainable as long as interest rates make the payments unacceptable.&nbsp; </p><p><br /></p><p>Right now, the debt service is manageable, but only because we&#039;re paying so little to borrow the money.&nbsp; </p><p><br /></p><p>Just wait until the Fed raises rates to stave off a global deflationary depression . . . that is when the inflation kicks in, and the debt service balloons.&nbsp; Everyone is focused on the raising of rates at all . . . what they should be examining is how much our annual debt service will increase year-to-year to get a feel for when they must &quot;turbocharge&quot; the presses.&nbsp; That&#039;s more closely related to the redemption of Treasuries by lenders who feel they are carrying too much risk for the interest currently being paid.</p><p><br /></p><p>Right now, it&#039;s quite a balancing act . . . trying to prop up the global economy while minimizing inflation . . . one eventually has to give.</p><p><br /></p><p>Believers in ongoing deflation should be in cash . . . believers in a near term reversal to inflation should be in commodities, land, etc.[/QUOTE]</p><p><br /></p>

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