What happens when a nation is run by politicians who promise to spend more and more into perpetuity, all the while simply borrowing from the rest of the world to cover its shortfalls?
It goes broke. Like Greece. And we get moon-shot charts of short-term gubbermint interest rates that look like this.
The US carries 15 trillion in debt, and Barry and Timmy insist we just must-must-must borrow 2 trillion more, lest bad-bad-bad things happen to us.
What might happen here?
OK, ya'll. Didn't wanna get nobody upset, heah? Jes' go back to that re-run of yesterday's NASCAR event, and make sure you got the tivo set up for wrasslin' tonight.
Showing posts with label Little Timmy G. Show all posts
Showing posts with label Little Timmy G. Show all posts
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