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Keyword: whatareeconomcs

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  • OWS (And Everyone Else): Pay Attention To Greece

    10/19/2011 9:56:04 PM PDT · by Shalmaneser · 11 replies
    Market-Ticker,Org ^ | 2011-10-16 | Karl Denninger
    There is no such thing as a Unicorn that craps out pretty colored candies. In the case at hand in the United States we have a government on both sides of the aisle that has made promises that are mathematically impossible to keep. That same government conspired with The Fed and with Wall Street to blow a series of bubbles that led you to believe, over the space of 30 years, that you could have more than you can actually pay for with your work output. This claim was a lie and it infested virtually every area of our nation....