Jugnaut
Heisman
Posts: 6,875
Joined: Mar 2004
Reputation: 482
I Root For: UCF
Location: Florida |
Simon Black: Why You Should Be Excited About National Bankruptcy
Sovereign Man link
June 7, 2012
New York City
"One of the great absurdities of our modern financial system is that a nation living within its means, i.e. spending less than what it confiscates in tax revenue, is no longer the norm.
Living within your means is now considered ‘austerity’. And unfair.
Whether in the UK, Europe, or North America, many voters have become so accustomed to the government’s massive role in the economy, they can’t begin to imagine how it could be scaled back..."
|
|
| 06-07-2012 07:41 PM |
|
/
Simon Black: Why You Should Be Excited About National Bankruptcy
