View Single Post
  #11  
Old April 15th 05, 01:49 AM
Bob Fry
external usenet poster
 
Posts: n/a
Default

"Mike Rapoport" writes:

The US has become totally addicted to spending tomorrow's money
today.


Worse: we are not even spending our own money. We are spending Other
People's Money at vast rates, $2 Billion every day, according to Paul
Volcker. How long will that keep up? When will this house of cards
collapse and we will actually have to earn our living instead of
borrowing it?