"No Way Out" of Debt Trap, Gross Says: U.S. Living Standards Doomed to Fall
Posted Mar 08, 2011 09:00am EST by Stacy Curtin
Video at the link: http://finance.yahoo.com/tech-ticker/%2 ... et=&ccode=
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"No Way Out" of Debt Trap, Gross Says: U.S. Living Standards Doomed to Fall
Posted Mar 08, 2011 09:00am EST by Stacy Curtin
Video at the link: http://finance.yahoo.com/tech-ticker/%2 ... et=&ccode=
Of course there is no way out. That is why it was such an emergency and all of the congress critters yelled the sky was falling. They knew if they could just straddle and baffle the American public with the debt first, ie bailouts and stimulus then they would take the heat after the debt was incurred. Now the Americans have to buckle down and pay the debt off. How can you have any puddin' if you don't eat your meat?
What a bunch of thieves! Liars and miscreants! Sure is great to have a two party system to baffle and point fingers at one another with blame. Which way did he go? Which way did he go?