Friday, July 13, 2012

The Fiscal Crisis That Never Happened In The US

The heads of the committee that was commissioned to solve America's pending fiscal crisis predicted that the US would be forced to pay very high interest rates to service its booming debt in two years if their plan was not turned into law.  The interest rates that the US is paying to service its debt is at an historical low point.  These guys were just as bad as the very serious people who keep predicting hyperinflation in the US. That has not happened either. Few are concerned about unemployment which is still with us.

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