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Politics : Stockman Scott's Political Debate Porch
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To: stockman_scott who wrote (11441)1/10/2003 12:59:21 PM
From: Jim Willie CB  Read Replies (2) of 89467
 
last paragraph puts it well, on USDollar

"The superpower is living on borrowed money and borrowed time. Its rake's progress cannot continue for ever. But how and when it will end remains disturbingly obscure."

our chief function in USA is to spend
not to save, not to mine, not to build
but to spend
that formula is doomed to fail
it produces imbalances that lead to the system collapsing under its own weight and debt

/ jim
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