This may be a prohibited political comment, but I'm giving it a try anyway.
Greece is on the verge of defaulting on it's debts and the country may go bankrupt if it doesn't stop spending so much.
However, the U.S. is heavily in debt too and borrowing more money (mainly from China). If I extrapolate the trend into the future, we may also reach the point of default.
Here's how I believe there are two scenarios for how this lousy movie will end.
The U.S. will have to raise taxes through the roof and also slash spending. These options may be so draconian that it may permanently cripple the economy.
Or
China will instate foreclosure proceedings against the U.S. and acquire 300 million more slaves.
Greece is on the verge of defaulting on it's debts and the country may go bankrupt if it doesn't stop spending so much.
However, the U.S. is heavily in debt too and borrowing more money (mainly from China). If I extrapolate the trend into the future, we may also reach the point of default.
Here's how I believe there are two scenarios for how this lousy movie will end.
The U.S. will have to raise taxes through the roof and also slash spending. These options may be so draconian that it may permanently cripple the economy.
Or
China will instate foreclosure proceedings against the U.S. and acquire 300 million more slaves.