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Looks like Greece is going to be up against it for a long time,
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Originally posted by Eagle Road View PostLooks like Greece is going to be up against it for a long time,
http://www.msn.com/en-us/money/topst...Y?ocid=DELLDHP
http://www.usgovernmentspending.com/...ebt_chart.html
http://www.independentsentinel.com/n...unsustainable/
http://www.forbes.com/sites/mikepatt...tinue-to-rise/
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Originally posted by Joegrane View PostWith our growing debt we will continue down the same path as Greece unless we insist that our representatives be responsible.
http://www.usgovernmentspending.com/...ebt_chart.html
http://www.independentsentinel.com/n...unsustainable/
http://www.forbes.com/sites/mikepatt...tinue-to-rise/
Except that we (our gov.) can print their own money, and the fact that the U.S. dollar still remains worlds preferred trading tool.
Just fortunate for us that oil price is in the shitter and China's stock market is in free fall.
Our debt to GDP ratio is still "manageable" it is our spending (waste) that needs to be addressed.
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Originally posted by Eagle Road View PostExcept that we (our gov.) can print their own money, and the fact that the U.S. dollar still remains worlds preferred trading tool.
Just fortunate for us that oil price is in the shitter and China's stock market is in free fall.
Our debt to GDP ratio is still "manageable" it is our spending (waste) that needs to be addressed.
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Originally posted by Eagle Road View PostExcept that we (our gov.) can print their own money, and the fact that the U.S. dollar still remains worlds preferred trading tool.....
http://thecrux.com/wp-content/upload...020_chart2.png
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