When I was in high school I hated my economics class. I was great at math, great as science, but economics always left me scratching my head. So all these years later, when I see that the leading economists of the world are encouraging more debt to fix a debt based problem... it finally makes sense as to why I was failing my economics class.
Potato "So all these years later, when I see that the leading economists of the world are encouraging more debt to fix a debt based problem..." The day I finally realized that, in about 2009, I knew we were stuffed! Ever greater deficits after ever greater spending and no possible reversal of the insanity. The idea of 'printing' money and buying Bonds with it so that the Bond issuer can spend it, is insane. That is when I became a prepper. OC
Does'nt appear to be bothering anyone when Obummer just raised the ceiling again without very much fuss at all?
The Republicans have realised that without the votes in Congress they are powerless to stop a President doing almost anything he likes. OC
As I said last year if Obama does raise the ceiling PMs will go sideways and that is exactly what is happening.......And now we gotta wait another 12 months to the next ceiling debate!
Yep, And so have I. Why have many many sleepless nights and worries about your savings being stolen from your account etc etc when these stupid yanks just keep signing on the dotted line and there never has been or maybe even will be a U.S Default???
