“if we count future liabilities, maybe 1000 percent?”
As was mentioned in previous posts, China probably doesn’t suffer from the promises of future payments in exchange for votes today that we have. Our “unfunded mandates” are killing us. Cities, States, and counties are coming up short. The once rock solid Muni bonds are now in jeopardy.
I know. It’s BAD. We shall see what happens.
No bailouts of states OR the fed in the way of borrowing increases.
No bailout of anyone!!
Who the #### bails me and you out when we’re ####ed?
Family and/or friends may help. Getting any job during any hours until we’re back where we want does too.
Govt doesn’t.