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To: Eurotwit

Participate. In that thread about America I posted when very drunk.

You laugh at Norway. You, as in the USA, are also a welfare state.

So you have been ever since Roosevelt.

And, you live in an economy that is not sustainable.

Entitlements and interest payments already take over 50 percent of US GDP, in 20 years it will be 90 percent.

If it wasn’t for the financial gymnastics America would already be bankrupt. So are many European Nations.

We are all printing money.

Perhaps the money men know more than us.

Because it seems to work.

Cheers,

Euro.


35 posted on 01/05/2015 1:25:48 PM PST by Eurotwit (qq)
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To: Eurotwit
You laugh at Norway. You, as in the USA, are also a welfare state.

So you have been ever since Roosevelt.

And, you live in an economy that is not sustainable.

Entitlements and interest payments already take over 50 percent of US GDP, in 20 years it will be 90 percent.

If it wasn’t for the financial gymnastics America would already be bankrupt. So are many European Nations.

We are all printing money.

I don't disagree with any of this. In fact, I regard this as the greatest problem currently facing this nation. The Democrats have been using welfare bribe money to remain in power. It's been good for them, but horrible for the nation, and the problem it constitutes is growing exponentially.

The numbers say we're going to crash at some point, and then I think it will get bloody.

BTW what country are you in/from?

37 posted on 01/05/2015 1:40:03 PM PST by DiogenesLamp (Partus Sequitur Patrem)
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