Quote:
Originally Posted by sparky999
it's slowly becoming blatantly obvious that America in particular will never be able to repay its current deficit. Sooner or later that debt is going to be defaulted on or they are going to have to print a ton of money to pay it back. When this happens the price of precious metals will sky rocket.
The USA has the benefit of the Eurozone having to deal with this crisis first, but its not like really saves them in the long run. Imo, eventually something will have to change world wide bc the current system is anything but sustainable.
Just saw something on fb that I thought was funny, it trimmed down the zeros on all the US government debt numbers for total revenue, $$ spent, yearly deficit, and recent budget cuts and it turns out its the same as an individual making ~$22k/year, spending close to $40k/year, having ~$140k in debt, and cutting ~$400/year. Murrrrica' FK YEAH
Also, govt debts arnt really meant to be payed back in full at any point, but investors dont seem to care unless their interest payments are threatened.
Quote:
Originally Posted by TucoRamirez
btw, I live 5 minutes away from a local indian casino. I haven't played there in probably 3 years because they just spread 1/2. I'm seriously considering playing there (maybe on a regular basis?) just to pass the time/make some money.
god help me.
Grind merge like everyone else?
Last edited by NCSU07; 01-31-2012 at 06:20 PM.