Thursday, February 18, 2010

Crashing the Nation: If the Debt Bubble Bursts

... the United States printed more money between January 2008 and June 2009 than was printed in the entire history of the country (just under $1 trillion).
SEE HEREWhat does the future hold? Crystal ball gazing is a fine pastime, but generally the crystal ball is pretty cloudy. Right now it's full of the swirl of money just given away as promises to failed enterprises "too big to fail" and money coming off the printing press. This is putting the whole nation at risk to save the irresponsible on the backs of the responsible which is, well, irresponsible. Is sanity going to return to Washington? Apparently not any time soon. Stay tuned ... the disaster if it come will be a doozy.

No comments:

Post a Comment