I have been following with dismay that the Tea Party Republicans were not able to stop what looks like will result in a BAD DEAL for the American people re extending the Debt Ceiling and not making any spending cuts. I am unable to comment on the machinations in Washington, but I doubt that many of us are going to like what we see perhaps on Monday
There is a nice image three articles down on what $15 trillion in $100 bills looks like.
The debt widget above shows we are soon to crack the debt per taxpayer to $119,000.
So, gold continues up a bit, to $1626 now.
As you all know, I do not see an easy way out of our mess. The main question is how the pain will come down on us, and who will suffer the most.
I would also like to know Cui bene (Who benefits)...
FOFOA has a new article up at his blog: