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This graph discounts one thing, using massive deficit spending to accomplish this and have no real infrastructure improvements at the end will leave a debt-hole
by mickrussom 17y ago
This graph discounts one thing, using massive deficit spending to accomplish this and have no real infrastructure improvements at the end will leave a debt-hole which will become impossible to service. The price for this profligacy will likely be collapse.
- mildweed 17y agoThis is merely the government getting caught holding somebody else's bag. Financiers? Investors? Irresponsible American consumers? D: All of the above.
- mickrussom 17y ago"Main Street" didnt cause this. Sure you could blame the military industrial complex or the banking cabal and banking oligarchy, but propping up too big to fail institutions (called the Bernanke put) incentivizes failure. More to come on that.