by Greg Hunter USAWatchdog.com
Recently by Greg Hunter: Gold Has One Way To Go — Up — Peter Schiff
Analyst Gregory Mannarino is worried about the out of control debt in America. Mannarino says, u201CThe United States is already in technical default regarding its debt because if it were not for the Fed buying all this debt, we'd be in actual default, which is coming.u201D When the bond market bubble blows up, Mannarino thinks, u201CPeople are going to be destroyed here – destroyed from a financial standpoint.u201D It is an official u201Copen endedu201D policy for the Fed to buy $85 billion in debt each and every month. Mannarino says, u201CThis is a very dangerous game the Fed is playing. It is very scary. They are creating a greater and greater imbalance between the supply and demand for the U.S. dollar. . . . Inflation is starting to kick in, and it's just the beginning.u201D Join Greg Hunter as he goes One-on-One with Gregory Mannarino from TradersChoice.net.