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RESEARCH FROM CREDIT SUISSE: AMERICA IS NOT BROKE (NOT EVEN CLOSE)
Pragmatic Capitalism ^ | 04/21/2011 | Cullen Roche

Posted on 04/21/2011 10:33:41 AM PDT by SeekAndFind

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To: SeekAndFind

It’s just a flesh wound.


41 posted on 04/21/2011 12:10:01 PM PDT by Jeff Winston
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To: SeekAndFind

Their static analysis is worthless. Unless major changes are made to entitlements spending will mushroom. We have promised much much more than we can afford.

We aren’t broke now but we are running, not walking into a catastrophe.


42 posted on 04/21/2011 12:18:58 PM PDT by DManA
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To: Mr. K

“And these are NOT the droids you are looking for...”

That is too funny. I have been saying this for months now. It is amazing to see the sheep in this country. ROTFLMAO


43 posted on 04/21/2011 12:30:12 PM PDT by bbernard
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To: SeekAndFind
If we consolidate balance sheets to reflect the fact that the household sector is ultimately responsible for repaying this debt...

It ain't MY debt, and I'm not going to pay it. They touch my junk and people will die - that is my line in the sand.

44 posted on 04/21/2011 12:41:02 PM PDT by meyer (We will not sit down and shut up.)
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To: No_More_Harkin

RE: We are broke, so we should declare bankruptcy, and the govt will bail us out!!

And how will the government, who is broke, be able to bail you out other than to TAKE or BORROW from those who aren’t broke?

It can also print money to bail you out, and you’ll be bringing a sack of $100 bills to the grocer the next time.


45 posted on 04/21/2011 3:12:27 PM PDT by SeekAndFind
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