On Tue, Jul 14, 2009 at 4:54 PM, Dana wrote: > > how, exactly? I mean, I realize that in your world balanced budgets are > "good" and debt is "bad" (except when it funds wars and bonuses at > brokerage > houses) but exactly how do you think it is preventing a recovery right here > right now? >
exactly what v. pointed out - that we are going to have to go to the well once too often and the capital markets are not going to support our debt level. just wait, if hyperinflation strikes the current mess will look tame. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Want to reach the ColdFusion community with something they want? Let them know on the House of Fusion mailing lists Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:300232 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
