Make a Comment • Email Link • Send Letter to Editor IPFS News Link • Federal Reserve U.S. Will Be Forced to Selectively Default and Devalue Its Debt in 2009 10-30-08 • HousingDoom.com The problem now is that the US has breached the point where it can service its debt out of real cash flows, and turning this around will require a severe devaluation of the US dollar. Watch Streaming Broadcast Live: LRN.fm Watch live shows and archives TV Live Chat Telegram Share this page with your friends on your favorite social network: