SEE HERE When are people going to wake up? This isn't just unsustainable. It is national suicide. Run the numbers. "... The $61.6 trillion in unfunded obligations amounts to $527,000 per household. That's more than five times what Americans have borrowed for everything else — mortgages, car loans and other debt. ..." Have we all gone nuts?
Tuesday, June 7, 2011
Dig Your Way Out Of This? — Not Very LIkely!
SEE HERE When are people going to wake up? This isn't just unsustainable. It is national suicide. Run the numbers. "... The $61.6 trillion in unfunded obligations amounts to $527,000 per household. That's more than five times what Americans have borrowed for everything else — mortgages, car loans and other debt. ..." Have we all gone nuts?
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