The bailouts did make it worse. And we sent money to Europe in the TARP package. We’ll send them money now, too. That won’t help them. The European Union might be torn in half over their monetary difficulties. I really think they will end up with two groups of nations... the winners and the losers.
And after that, our crash is coming. We can’t afford our unfunded liabilities and we are going to have to service our debt. Obama has spent us into a painful reality with a complicit Legislature that helped him. Both Houses are guilty, including John Boehner’s House. All of this is by design.
And I don’t care how much money you have saved up. The global economy is going to be rocked.
Everyone is in for a world of pain. Life won’t ever be the same.
and on top of this California is going to raising taxes!?. Give me a break liberalism is not only a joke it is pure evil.
You are correct. The world economy is going to be rocked.