GDP Grows 3.2%......Government Borrowing 15% of GDP
If government is not borrowing.....we are in a MASSIVE depression. Where is this money coming from???
Alstrymous would personally like to thank every American who lent money to Wall Street and Washington to keep Politicians and over paid Wall Street exectutives in their jobs. My guess is their kids would like to thank you as well....especially those that got brand new automobiles for graduation....especially the ones that got cars named by numbers or end in "i"
And for those of you millions who have been unemployed for over 99 weeks and are losing your unemployment benefits......may I suggest you become a politician or Wall Street executive....when your time runs out.....you get a massive exit package on the taxpayers backs.
It appears this casino is coming to an end...I suggest you read Charlie Munger's recent writings....he is one of the few sane people left.
Whooops.....I forgot I was not blogging until 5/5/10.....but I guess just like subprime was contained.....Goldman was doing God's work.....housing is at a bottom......and now Greece is contained????
Welcome to the Digital Age.......where the worlds' governments collapse and the only thing big enough to bail them out is the World. Anyone see where this is going yet.....see ya on 5/5/10.....where knowlege is wealth.