2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 362.31

-1.8%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TobagoJack who wrote (35694)	6/12/2008 10:12:09 PM
From: carranza2	Read Replies (2) of 217537

It's the public/private debt, including unfunded entitlements, that are the real problem. Not visible to J6P now and clearly not visible even to intelligent and reasonable folks. But the DC politicians know; they have no desire to deal with the problem for they are not in the biz of providing bad news. The American standard of living is destined to fall in the next 20 years and not only because of trade problems but primarily because the wounds - bone-crushing debt - are self-inflicted. The interest on the debt will be barely paid. There will be precious little left over for anything else. See this from the Brookings Institution: concordcoalition.org It's not a matter of ideology or politics but one of arithmetic.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next