samsonxianqingwang blogspot.com

Samson Wang

Monday, August 1, 2011. US might become illiquid and insolvent. The pass of US pulbic debt ceiling increase only serves as a temporary pain killer, which cannot reverse the trend that US is becoming illiquid and insolvent. Personally, I believe 30 of the public debt should be the ceiling, if the tax rate is 30, which means the government spends under how much they can earn. Look at the lavish money burners like Japan and US. I wonder why they spend so much? Where is the money going? Gold Price, Run Run!

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Samson Wang

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Monday, August 1, 2011. US might become illiquid and insolvent. The pass of US pulbic debt ceiling increase only serves as a temporary pain killer, which cannot reverse the trend that US is becoming illiquid and insolvent. Personally, I believe 30 of the public debt should be the ceiling, if the tax rate is 30, which means the government spends under how much they can earn. Look at the lavish money burners like Japan and US. I wonder why they spend so much? Where is the money going? Gold Price, Run Run!

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This web page samsonxianqingwang.blogspot.com states the following, "Monday, August 1, 2011." We saw that the webpage said " US might become illiquid and insolvent." It also said " The pass of US pulbic debt ceiling increase only serves as a temporary pain killer, which cannot reverse the trend that US is becoming illiquid and insolvent. Personally, I believe 30 of the public debt should be the ceiling, if the tax rate is 30, which means the government spends under how much they can earn. Look at the lavish money burners like Japan and US. I wonder why they spend so much? Where is the money going? Gold Price, Run Run!."

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