On 04/05/2013 08:02 AM, John wrote: > David Stockman thinks so. But his stance on the management of the economy > appears too severe and conservative. There are other ways the economy can > bump and grind. > > http://news.yahoo.com/u-headed-fiscal-collapse-083000608.html
There is something like $254 trillion out there in bad paper. So there is no way to recover from that. It's the bankster's fault and government for not reigning them in. Just erase the blackboard and start over but the rich don't like that idea. For you and me it won't make a hill o' beans difference.