This is just a WARNING. Anybody still think we can keep spending & spending money we don't have NO MATTER WHAT IT'S FOR and not pay a price?

Question

If this is not the bubble burst economists have been predicting, it is not far off. It will come just as sure as the Real Estate bubble burst a few years ago - and it will be MUCH WORSE!!!!

Still think the Fed can keep printing funny money? Still think it's good to ARTIFICIALLY keep interest rates low?

Answer 1

I agree, end the wars, the empire, corporate welfare and foreign aid, today. Eliminate all tax cuts on incomes over $1 million, include interest, inheritance, dividends and capital gains as income. Add a transaction tax to Wall

Street. Instant budget surplus. Eliminate all duplicated budget items and do a thorough audit of the Pentagon (they seem to have lost $8.5 trillion over the last decade). This would be a good start.

Answer 2

Debt should be considered as a percentage of historic, current, and projected GDP. Using that metric, while not super positive, it is not super negative.

Answer 3

Understand that there's a significant % of Leftists that are hell bent on collapsing this country economically, so they can have the chance to remake it in their Stalinist image. They want this.

Answer 4

Relax. The United States is not going down the drain. The U S is an extremely rich country.

Answer 5

You sound like chicken little "the sky is falling", " the sky is falling". This latest fall in the markets is because of China's economy.

Answer 6

You racist cons are all the same! Why can't you understand the more debt the better?