If you are one of those who thinks that you can have jobless recovery and expanding debt exponentially as recovery tools. Please stop reading right now and find another thread for yourself. Here is what we know ladies and Gentlemen. Half of national debt is owed directly to the FED, we made our peace with it literally 100 years ago. They will print and loan us money and we will collect income tax and pay them interest. OK so we made our peace with that. So what now ? Well the game is falling apart cause we owe too much, so why don't the FED forgive all that money we owe them. We will happily make new loans and continue paying FED interest on new loans. Why won't the FED save the game ? Is the FED waiting for complete collapse. Don't they know that eventually people will start puking and grabbing lead.