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Is Biden going to risk a constitutional crises by going around the debt limit.
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billybob
Posted 5/21/2023 19:17 (#10238163 - in reply to #10237871)
Subject: 400 # gorilla sleeps where it wants to.


68340

If you look at the USA assets, does the current trillions in debt look that out of balance ?

If the debt to asset ratio is unacceptable by other nations the USA has an easy out. 

Simply revalue gold.  The 400 # gorilla can sleep where ever he wants.  FDR did it.  Why can't it be done again. 

$2,000/ oz.  No, make it $200,000/ oz.  How is the debt to asset ratio looking now ? 



Edited by billybob 5/21/2023 19:18
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