Wisconsin native.
"The true soldier fights not because he hates what is in front of him, but because he loves what is behind him."--GKC
"Liberalism is the modern and morbid habit of always sacrificing the normal to the abnormal" --G K Chesterton
"The only objective of Liberty is Life" --G K Chesterton
"A man can never have too much red wine, too many books, or too much ammunition." -- Rudyard Kipling
Saturday, February 03, 2007
Evaporating Cash
So what happens when cash as a % of household debt goes back to a norm of...let's say, 85%?
But can we run an economy with 300 million Franciscans? It would be an interesting experiment.
Where will this prodigal nation go, once it's completely spent its inheritance? We'll have to work off our debt to China, and most likely on our backs..
But can we run an economy with 300 million Franciscans? It would be an interesting experiment.
ReplyDeleteWhere will this prodigal nation go, once it's completely spent its inheritance? We'll have to work off our debt to China, and most likely on our backs..