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"No Way Out" of Debt Trap, Gross Says: U.S. Living Standards Doomed to Fall
• finance.yahoo.comBut now after years of reckless spending, America’s debt level is nearing a breaking point and can no longer rely on foreign capital as a last resort. “When a country reaches a certain debt level, confidence in that country’s ability to repay that..
The way out may not be easy, but it is available.
1. Get rid of the Federal Reserve Bank. Banking back into the hands of the Treasury and laws restraining the Treasury.
2. Government gets all of its money only from import/export taxation, be it State to State, or in and out of the USA.
3. Out of the U.N.
This would do it nicely... at least for starters.