Inflation a Risk Without Foreign Debt Buyers: Robertson - Economy * US * News * Story - CNBC.com

US May Face 'Armageddon' If China, Japan Don't Buy Debt.

US is too dependent on Japan and China buying up the country's debt and could face severe economic problems if that stops. We could see 15-20% inflation.

The only way to avoid the problem, he said, is to "grow and save our way out of it."

The U.S. has to quit spending, cut back, start saving, and scale backward

Inflation a Risk Without Foreign Debt Buyers: Robertson - Economy * US * News * Story - CNBC.com

China alarmed by US money printing - Telegraph

"The US Federal Reserve's policy of printing money to buy Treasury debt threatens to set off a serious decline of the dollar and compel China to redesign its foreign reserve policy, according to a top member of the Communist hierarchy."

China alarmed by US money printing - Telegraph:

Russia’s super-rich feel the squeeze - many oligarchy capitalists lost up to 90% in the present financial crisis.

Russian oligarchy capitalism, worth of people with at least $1 bill - $450 billion in 2008, shrunk in crisis to $107 billion in 09. Alekperov, Lukoil, $7.6 bill, Abramovich, Chelsea, $2.78 bill, Deripaska lost 90%, $40 bil to $5 bill. Finans magazine.

Children of Russia’s super-rich feel the squeeze - Times Online