America's Debt Worse Than Greece!

[leadpersuasion]

Try not to break your computer screen.

http://www.cnn.com/2011/09/19/opinion/kotlikoff-us-debt-crisis/index.html?hpt=hp_t2

http://www.prisonplanet.com/30-signs-that-the-u-s-economy-is-about-to-go-into-the-toilet.html

[EJR914]

And just remember, they rioted in Greece, no riots here, yet.  I figure when the "free money" runs out, expect the "free money army" to riot.

The only way to keep paying these entitlements will be to inflate our money once again, by more government spending using the Federal Reserve to do it, and our dollar will continue to get more and more worthless.

Remember, nobody wants to buy any more of our debt, China is selling off our debt.  The only thing to do now is our government to buy our own debt, known as quantitative easing, which is just pure inflation right onto our money. 

http://en.wikipedia.org/wiki/Argentine_economic_crisis_%281999%E2%80%932002%29

http://en.wikipedia.org/wiki/Weimar_Republic

Read up on those to see what happens when countries take on too much debt and continue to do quantitative easing over and over again.  It isn't pretty.

[CrystalHunter1989]

In the Roman Empire, the only way anyone could ever hope to become Emperor was to promise that, somehow, the monthly distributions of money and grain, along with games at the Colosseum would continue. History shows that by the year 193 AD, government power began to change VERY quickly. Between 235-284, 25 different contenders for the throne were killed in what is now known as The Crisis of the Third Century. Economic depression was a major factor.

[leadpersuasion]

Hey, Crystal, do you have a degree in History? You sure do know quite a bit about it. I have always wanted to major in Military History or just History, but didn't see many options with it afterwards.