You can't borrow your way out of a debt crisis, whether you are a family or a nation.
- John Mauldin - Topics: Debt.
The US has 75 trillions of unpaid for liabilities in a 15 trillion economy. How are we ever going to be pay for it? It's a number that cannot happen. So I don't worry about it. The far more interesting question is: what happens at the moment we realise that we can't pay 75 trillion?
- John Mauldin - Topics: Debt, Default, Government.
When confidence goes, the end is very near. It always comes faster than anyone expects and it always seems to be unexpected.
- John Mauldin - Topics: Debt, Default.
Hope is not a strategy.
- John Mauldin - Topics: Central Bank, Monetary Policy.
