Quote:
Originally Posted by Professor S
I'm no economic expert and I'll be the first to admit I have no clue how national debt affects mainstreet economies, but this kind if daunting debt and IMO recklessness can't be good. But then again we're in new territory here. No one has ever taken the US or another world power this far into the red. Who knows? Maybe we'll spend so much we'll tear a whole through our own reality into a land of gumdrops and money trees.
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You should read up on the fed. Its not exactly the best situation to say the least. Though the funny part is they couldn't recollect what we owe them even if they wanted to, but if they were to request any type of plan with any type of reasonable time limit... The economy here is done. lol