The TRUTH About The American Economy Past, Present, & Future...?
Notice that the title has a ? mark at the end...
If I hear the phrase 'Fiscal Cliff' once more,...I'm gonna put my foot through the TV screen...:D
Looks like the 'Cliff' is only a baby step!
'Very' interesting perspective on the whole deal here by some guy named Laurence Kotlikoff. Some may know the name.
"Bracing for the U.S. to fall off the fiscal cliff is nothing compared to the financial free fall predicted by Laurence Kotlikoff. The Boston University economist and failed U.S. presidential candidate joins us with his thoughts on the economic end of times. So, never mind the melting ice caps, the perfect storms or even the zombie apocalypse. Kotlikoff believes Washington has been running a Ponzi scheme for six decades and higher taxes and belt tightening won't be enough to stop the coming Greek tragedy"
If ya have 20 minutes to listen to this in the background while surfing, then click on the link below and do so.
Once the player comes up, push the slider to 3:00 (3 minutes) to where the interview begins...[URL="http://www.cbc.ca/thecurrent/popupaudio.html?clipIds=2313390548"]
http://www.cbc.ca/thecurrent/popupaudio.html?clipIds=2313390548[/URL]