Truth Is Distasteful

Music For The Hard Times ComingAs I said earlier, increasing the debt limit or not, the USA’s credit worthiness is what it is. The downgrade is coming regardless, just as it should. The world of banks being given free money to loan out has to give way to real market conditions eventually. Perhaps now is a good time. A plus is that mom and pop will no longer be cheated out of a fair interest rate on their savings.

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