America’s federal debt has exploded to more than 100% of GDP — an astonishingly large Greek-like debt load. Yet none of America’s political or financial leaders seem to have any plan for reducing the nation’s debt... except maybe to add a graveyard shift to the dollar-printing production line at the Philadelphia Mint."Carry Trade Currencies and the World’s Priciest Cities." By Joel Bowman, The Daily Reckoning, 3/1/12.
A blog about Islamic intolerance and fanaticism; socialism; communism; government stupidity; and lying weasels everywhere, hopefully couched in vibrant and literate English and foreign words that make us look good.
March 2, 2012
Plan? What plan?
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