The biggest problem we have financially is REAL: we spend more than we take in and are refusing to discharge debt we have accumulated.
That’s it. That is the absolute and real danger we face. There is nothing...NOTHING more dangerous to our national well being than that. Nearly every single thing that could happen that is bad for us stems from that fundamental, undeniable fact.
But nobody seems to care. So we are all going to ride this ship wherever it takes us, even if it ends up being the stern of the Titanic sliding into the water.
...The biggest problem we have financially is REAL: we spend more than we take in and are refusing to discharge debt we have accumulated.
...Thats it. That is the absolute and real danger we face. There is nothing...NOTHING more dangerous to our national well being than that.
Modern slaves are not in chains, they are in debt.
- Anonymous
And the Bankers who hold the debt
are best amoral
and at worst Satanic
I agree. We will see no reduction in the Federal Budget. This debt will crush us, and this cake will be covered with the frosting of high inflation. When this happens, the best investment is VIPSX, inflation protected treasuries.