Thasic Wrote:
Jan 03, 2013 2:15 AM
If the fed keeps spending the economy will never get stronger and by your standards there wil never be any cuts. This is not rocket science, it's very simple math. If you spend more than you make you go bankrupt. The government can not raise enough revenue via taxes to cover all it's spending, even with draconian tax rates. There is just not enough wealth generated to cover all the expenses. What will happen is the world will no longer have faith in the dollar and there will be a monetary collapse. Be ready for it.