You Just Got Screwed and You Haven’t Felt It Yet

July 30, 2008 · Leave a Comment

lifting

The U.S. economy was bailed out by Congress last week, and today, using housing & mortgage (in)securities as assets.

What this means is that…, well, says:

The economy is addicted to…deficit financing, [...] and if we quit, there is some pain with it. But if we don’t, we could lose the patient[:] the dollar.

The dollah is on sterr-roids and pleasantly expecting renal failure all up inside it.

Categories: News

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