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Home Front Economy |
The United States Of Ponzi |
2009-03-22 |
Posted by:tipper |
#9 At first, I thought it said The United States of Fonzi. |
Posted by: Trader_DFW 2009-03-22 22:23 |
#8 HMMMMM, by my above US$13.0 TRILYUHN official US GDP times 4 = US$52.0TRILYUHN Debt??? ARTIC > Analyst also argues the US is at serious risk of [protractive?]HYPER-INFLATION. |
Posted by: JosephMendiola 2009-03-22 19:47 |
#7 CHINESE MIL FORUM >CNBC = ANALYST: THE USA IS ALREADY BANKRUPT [ National Debt 4X its worth]??? |
Posted by: JosephMendiola 2009-03-22 19:41 |
#6 But we now live in an age where any of these ivy trained masters of the universe can turn your gold into sh*t.. |
Posted by: M. Murcek 2009-03-22 13:44 |
#5 Fully concur Badanov. My point, while not as well written at that hour as it could have been, was that... I am personally not responsible for poor fiscal management. |
Posted by: Besoeker 2009-03-22 13:23 |
#4 poor fiscal management certainly does not apply everyone, Regardless of whether it is poor, fiscal management in order to have any efficiency should apply to everyone, from taxes to expenditures. And because it should apply to everyone it should only be used and limited to goods and services that benefit everyone such as national defense as well as other federal goods and services. When fiscal management becomes poor, it is because it has become "targeted" and inefficient. It becomes poor when it is used to accomplish a political goal. As it is, when the federal government ( or any government for that matter )makes a decision that is intended to impact the broader economy with a non economic agenda, it is usually political in nature and therefore by its very nature cannot be economical or efficient. |
Posted by: badanov 2009-03-22 12:06 |
#3 Roubini's brush paints too broad a stroke. The copybook heading "If you do not work, you will die" still applies. |
Posted by: Anguper Hupomosing9418 2009-03-22 11:41 |
#2 Interesting article, but I'm not in agreement with the collective guilt, collective slamming stuff. Even though the gummit happily lumps us all together collectively, poor fiscal management certainly does not apply everyone, |
Posted by: Besoeker 2009-03-22 07:36 |
#1 Coming next - the education industry ponzi bubble burst. |
Posted by: no mo uro 2009-03-22 06:36 |