Problems. Big problems
American Spectator - Analysts predict another recession and eventual failure of the dollar
Something to think about.....
You cannot keep printing money when the economy is stagnant. GDP growth has been stuck at under for most of Obama's presidency, yet the Fed has been creating money out of thin air to prop up Wall Street. That is inflationary. Sooner or later we will see the result. Your savings will disappear, your purchasing power will disappear, your retirement will disappear and things will get really ugly. If you want to know what it will be like, I would suggest you look at Argentina's experience with hyperinflation.
It's time for everybody to realize that the government cannot solve every problem by doling out money. That is often the worse thing to do. We are borrowing over a third of our federal budget just to pay for all the handouts. The welfare state is destroying our economy and it is destroying the very foundation of American exceptionalism. We must, as a nation, learn to live within our means.
Big, big problems.......................
I'm not going to be very happy after the financial collapse, when the money is worthless and chaos reigns. I'm going to be very, very unhappy when I can't go out and buy me a burger. I think I'll have to start my own economy. I'll graze my herd of captive liberals on a high-fence ranch and sell liberal burgers to passing warlords and their gangs of post-apocalyptic mutant warriors.
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