Denninger: Social Security - Here's The Problem
(USG FY 2010 Budget - click to enlarge)
Karl takes everyone to school.
Default by the US Government is inevitable.
Make your plans accordingly (including the inevitable reaction by creditors who have a history of mass murder in their recent past).
Default by the US Government is inevitable.
Make your plans accordingly (including the inevitable reaction by creditors who have a history of mass murder in their recent past).
posted by Concerned American | 11:36 PM
1 Comments:
I read market-ticker, as well as, zero hedge.
I've been an "amature" investor for the past 10 years or so and have tried to stay away from the inconsistent gyrations of the political realm. Investing has always seemed more of a math problem to me.
Over the past two years though, I've seen some unprecidented events in the financial world. I think we're in trouble.
Not sure what's going to unfold in this country, but I've started to read more of WRSA's blog posts.
The best bet these days is to stay informed.
Richard
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