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REPORT ABUSIVE REPLY
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Message Subject
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*** Economic Doomsday: Obama reigns over $61.6 trillion debt ***
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Poster Handle
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galdur |
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Post Content
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Bennie seems a bit hesitant now. I guess it´s starting to dawn on him that creating $5+ in new debt to generate $1 in economic growth isn´t sustainable.
Quoting: galdurCome on now, you're just being a wet blanket. World trade will pick up and the dollar will be in high demand, China's leaders are kneeling before the wall street banks. They will always want more treasuries to fill their coffers and keep their exports prices low. There is no end to the super elastic mega plastic dollar bill! Plus it has all those cool alchemical symbols on it and stuff.   To deal with those gigantic unfunded social security entitlement ahead they can either raise taxes by 80% or make sure people aren´t around to receive the payments. There isn´t really any way around it. I'm calling you Galdur the Austere and Gloomy. You forget the majik of the press, we print you use our dollars to settle trade you pay for our retirements get it? Now don't worry be happy and pay higher energy prices for us. The Xgeners, the generation that is supposed to support the baby boomers, is one third fewer in number than the latter and drowning in debt and unemployed as it is. So, you see; this whole mess is heading for both demographic and financial collisions.
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