The High Price of Delaying the Default

Posted by richrobinson 11 years, 2 months ago to Economics
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I really felt the best course of action in 2008 was to let things play out. Government and FED intervention has set us up for a larger fall.


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  • Posted by $ Abaco 11 years, 2 months ago
    If I didn't have kids this would concern me about 15% as much as it does. The children are really getting bent over with this. It's criminal. It fits a theory I believe in that America, like any other country, is just a tax farm and we're the livestock. As long as we keep voting for people like "Boner" and Ovommit this is it, folks...hold on to your hats.
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  • Posted by 11 years, 2 months ago in reply to this comment.
    I like that idea. You are right that the politicians and FED wouldn't do it but I wonder if it is a viable option.
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  • Posted by j_IR1776wg 11 years, 2 months ago
    Thanks Rich. The problem with kicking the can down the road is that sooner or later you run out of road.
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