Mish always finds an interesting article to link up.
In this case, one telling about a Congressional Budget Office estimate that public debt could go as high as 750% of GDP and interest payments on it could be as high as 30%, if current policies are continued for one person's lifetime. Unless we do a bit of slash-and-burn on checks written that our collective ass can't cash, we're S.C.R.E.W.E.D.
Hmm? Icky numbers!. Hey look, Can You DUET is on! Don't you just love that show?
Monday, June 29, 2009
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