I hope the Trillion Dollar Bill has Obummer’s face and name on it.
So apparently it is the Double Whammy Economic Model. First your drive up debt creation to historic levels, then to negate the resulting inflationary pressures, you crash the Real Estate Market. Then when you discover that you need to create even more debt, you crash the Health Care Market. Guess it is kinda of a yin and yang thing. And what lies at the end of that Skittles Unicorn Rainbow ? Probably that same Leprechaun that stole 20 pounds off me on the streets of London a few years back.
Hate to say it, but this is EXACTLY what we as a society deserve. No us FReepers mind you, but (unfortunately) we are part of a larger society that wants ever more free stuff—the eventual cost be damned. We are at the point where the system has to totally unravel before for (as a majority) stop listening to the Liberals.
"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."
-~~Ludwig Von Mises