tag:blogger.com,1999:blog-2992740250270600844.post8892157365336054177..comments2024-03-24T05:26:32.964-07:00Comments on Advancing Time: National Debt Looms Over America As Growing IssueBruce Wildshttp://www.blogger.com/profile/10181323607060607040noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2992740250270600844.post-10877747152379171452016-11-29T18:42:03.473-08:002016-11-29T18:42:03.473-08:00Who is going to be holding the worthless paper? 6...Who is going to be holding the worthless paper? 60% of the population does not have any worthless paper. They are just a conduit from the mailbox to the McDonald's. The other 40% have their "nut" in a vice.... the $80Trillion in paper needs to be reduced to $8Trillion in actual assets. The rules of the game will change--since we need an order of magnitude reduction--the somewhat well off (of whom there are many) will simply return to being "poor". The "rich" will be somewhat less rich, though comparatively unfazed. Since I am in the top 15% but not the top 5%--I can tell I am the mark.....and don't like it.AlaBikeDrhttps://www.blogger.com/profile/01295380561731349316noreply@blogger.com