#1
Its not impossible. Print more money to devalue the debt. But remember the cost (Wiemar Republic Germany or Zimbabwe). I lived through double digit inflation and double digit unemployment under Jimmy Carter. There's a whole generation and then some that have not one clue about the reality of what they are facing when this is resolved.
#3
Politically it is impossible; financially it is not. Just stop spending money on stuff that is not needed. Deregulate and Allow the economy to grow without an open gate border.
Cap the federal GIVERnment at 8% of GDP and revenue at 9%.
#4
National Debt Clock. Although interesting, this clock doesn't show the long-term debt obligations. Paying for wars is not such a big item as are the social programs. Gets back to Romney's claim about the 47%.
#6
Russian revolutionary Leon Trotsky began studying mathematics at Odessa in 1897. However, his career in mathematics was cut short by imprisonment and exile in Siberia.
#8
I believe most rational people realized this would come someday. The only resolution at this point will be repudiation then war or war then repudiation. Take your pick.
A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.
Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.
