Last Call Has Sounded

I've been staying away from economics, so many people think it's so dull, and frankly I have never cared all that much for money as an abstraction.  My heart does have large tracts of space for all sorts of creatures who still believe in the dollar, or piles of gold. What ever make you feel secure I suppose.  The U.S. has been belly up to the bar of cheap cash for so long now, that people don't even know what sound fiscal policy is.  This is likely to change, and in the short term as opposed to the long haul.  Take a look at this article, and then lets take another look at the financial house of cards has been built.  http://www.bloomberg.com/news/2013-11-20/pboc-says-no-longer-in-china-s-favor-to-boost-record-reserves.html  not enough, then maybe this one will get ya over the hump
http://theeconomiccollapseblog.com/archives/china-announces-that-it-is-going-to-stop-stockpiling-u-s-dollars

I was so not paying attention to it anymore, and it was so under the boards that I almost missed it.  Think of this now, we are printing 85 billion a month, someone needs to buy that debt, or we are going to swallow it.

Bottom line, we stop printing and our interest rates must rise, we've been trading long term debt for short term debt. Meaning we have to cycle through it ever faster. If that new debt has no place to go, and the interest rates are forced to rise then we as a nation will not be able to fund our obligations due to the interest payments rising out of control.

Again, for me, this is not a bad thing, it's just a thing. If your counting on dollars for your security, then buckle up it's gonna get bumpy.

Jack