Posted on 04/30/2014 7:46:25 PM PDT by Nachum
Yes, rational people watching that will say it won't last - that without changes - eventually the family will be forced into bankruptcy. And they'll be right. Just like Zero Hedge is right. But no one knows when the guy will get the LAST credit extension... or pull off the last ‘family loan’...
That's where our country is... there's no way this can continue. But no one knows when the world will quit loaning to us... or when the family (US taxpayers) won't be able to cough up one more short term loan.
No conflict, less than 17 is also less than 20. It is also less than a million. I used to amuse myself by occasionally telling someone that I made less than a million dollars last year. It was astounding how many looked at me with fury in their eyes and claimed I had to be lying because they were certain that I, “didn’t make that much.” I would then point out that even if I had not made a penny my statement would be true. I got the idea from an old time country performer called “String Bean” who sometimes would say, “This next number sold less than a million records...A LOT LESS!”
Medieval
Right now, about the only thing that keeps me ambitious is the hope that after things crash, those of us with the minds and work ethic will be able to rebuild somewhere.
Wonder what they plan on doing when there’s no government to force producers to support them.
Sounds like they’re what Colorado was in Atlas Shrugged. Here’s hoping their fate is better.
Nine of the top ten occupations does not necessarily mean 90%, each could employ 5%.
And it’s an average.
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