We are living on debt.
Only for a little more time...
That’s right borrowing trillions more now instead of reducing government spending will only make the U.S. collapse a thousands times worse than Greece’s. Then the liberals/democrats government checks won’t be worth squat.
“Thats right borrowing trillions more now instead of reducing government spending will only make the U.S. collapse a thousands times worse than Greeces. Then the liberals/democrats government checks wont be worth squat.”
This is why the FR is trying so hard to spark inflation. Essentially transferring the debt to the responsible members of society.
If we had legitimate economic growth we might have a chance. But despite the propaganda their is no growth. If the economy grew at 1.7% (their figures) and the inflation rate is 3% (again their figures and likely much higher), the economy actually shrank.
Plus we currently have the captain of the exxon valdez at the helm....