12.21.2009

The Ponzi Economy Illustrated

At Market-Ticker.

1 comment:

Anonymous said...

I'm beginning to read classics from the Austrian economists, think von Mises, Hayek, and Rothbard.

The debt that we have built up must be extinguished somehow. I figure it will be repudiated, much like Zimbabwe. But what do I know, I'm a chemist.

Why does America keep winning?

X : Yes. But also, America's abundance of natural resources and history of fortuitous developments kinda seems like God shed His grace o...