Greece appears to have staved off fiscal annihilation for the moment, yet its fiscal death march into oblivion continues apace. Other major Eurozone players have spent themselves into similarly precarious positions. Here in the US, our gross national debt has surpassed 100 percent of GDP, and the CBO is warning anyone who will listen that very dark days lie ahead unless significant action is taken -- and soon. Last summer, our national credit rating was downgraded for the first time ever, due to the lack of will in Washington to adequately address our own looming...
Not pretty worthless...completely worthless. It's the kind of rationalizing addicts do before their lives crash around them.
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