Each year millions and millions of dollars are simply "given" to foreign governments. For just once Congress shouldn't punishment Americans for their stuid choices. Perhaps one year, just one year, don't give a nickle to any forign countries. They will suck it up and they will survive.
Pretty soon Canada will be making jokes about OUR currency exchange rate. I just don't know how I'm going to handle that.
Syrup suckers.
California is worth about 16 trillion....Hate to give up the Oil out there, but love to give up everything else about it.
Easy way out is to print money.
printing money would do nothing but make prices for EVERYTHING go up.
as if they haven't already been on the rise...
Default is far more likely than unlimited printing of money.
The US is not Argentina. The dollar is so integrated into global finance that the Fed cannot inflate our debt away. It can reduce it, but it cannot pull an Argentina or Wiemar Republic or a Zimbabwe.
I'll see if I can find the WSJ article from a few years back about this..
Obama will save us. He has hope and change for everyone.