Thursday, June 9, 2011

Would You Lend Money To U.S?

The United States is the largest debtor nation in the history of the world...
We won't survive another time around .


The U.S. is approaching a financial crisis worse than 2008, Jim Rogers, chief executive, Rogers Holdings, warned CNBC Wednesday.
"The debts that are in this country are skyrocketing," he said. "In the last three years the government has spent staggering amounts of money and the Federal Reserve is taking on staggering amounts of debt.
"When the problems arise  next time…what are they going to do? They can’t quadruple the debt again. They cannot print that much more money. It’s gonna be worse the next time around.
All on three now...Barack Hussein Obama mmm, mmm, mmm!