are there any adults in washington?
- Posted by Martin on February 6th, 2009 filed in Barack Obama, Martin
This is starting to really scare me.
The problem, he says, is the government is trying to perpetuate a “phony economy” based on borrowing and spending. With the U.S. consumer tapped out, the government is “now taking on the mantle” of consumer of last resort, he continues, predicting the bond bubble will soon burst - if it hasn’t already - ultimately leading to a collapse of the dollar and an “inflationary depression worse than anything any of us have ever seen.”
We. Need. A. Recession. Sorry.
Lord Bitememan says:
I concur. Attempts to forestall a recession are as foolish as attempts to prevent the tides.
Sorta Blogless Sunday Pinup » Pirate’s Cove — Blimey! says:
[...] last, but not least, Martin at MY Vast Right Wing Conspiracy wonders if there are any adults in [...]