by Ken Jorgustin, Modern Survival Blog:
Even with the recent FED tapering, the fact is that ‘we’ are still borrowing many tens of $billions each month to maintain the illusion that our economic system is healthy. It may be fooling some of the people, but it’s certainly not fooling everyone.
There are only a few ways this game can go – and they all lead to severe pain…
CONTINUE TO BORROW Borrowing more money (printing more money) is the easiest way to continue supporting this nation’s massive overspending. As long as there are enough of those willing to purchase our debt, this will continue to be the preferred way to kick the can down the road.
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