.comment-link {margin-left:.6em;}

Milton J. Madison - An American Refugee Now Living in China, Where Liberty is Ascending

Federalism, Free Markets and the Liberty To Let One's Mind Wander. I Am Very Worried About the Fate of Liberty in the USA, Where Government is Taking people's Lives ____________________________________________________________________________________________ "Extremism in defense of liberty is no vice. Tolerance in the face of tyranny is no virtue." -Barry Goldwater-

Thursday, June 30, 2011

Vodkapundit » It’s Delightful, It’s Delicious, It’s Default

Scary quote of the day...
That leaves us with three possible outs: Cut the budget to the bone, hyperinflate away our debts, or default.
I am going with default. I suspect that this will happen sooner rather than later. Market will just not extend credit at the magnitude that the crazed government is going to demand over the next couple of years.

Vodkapundit » It’s Delightful, It’s Delicious, It’s Default

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home