I live in the USA and I am concerned about the future. I created this blog to share my thoughts on the economy and anything else that might catch my attention.
For some reason this nation would rather spend $1.3T on war thus far than a 21st century energy infrastructure.
Is it just me or is just everyone just resolutely refusing to internalize the long-run implications of us having pissed away one trillion dollars of borrowed money over the past 10 years?
Sweet Dreams
ReplyDeleteSweet Dreams
ReplyDeleteA mathematician walks into a bar, walks up to a lady and says "What's your sine?"
She replied, "I'll show you my tan lines if you'll cosine my loan."
ReplyDeleteHe agreed to a degree, but her angle was not complementary.
Now we just need to turn all of this into a limerick and we're done, lol. ;)
oil exporters are going to increasingly burn their product, too:
ReplyDeletehttp://i.imgur.com/pCUIJ.png
For some reason this nation would rather spend $1.3T on war thus far than a 21st century energy infrastructure.
Is it just me or is just everyone just resolutely refusing to internalize the long-run implications of us having pissed away one trillion dollars of borrowed money over the past 10 years?
Then again, the real waste is more like $9T . . .
http://research.stlouisfed.org/fred2/graph/?g=82v
Do not people understand that taxes are going to have do be doubled from here eventually?
http://research.stlouisfed.org/fred2/graph/?g=82x
What is our mental malfunction?
Troy,
ReplyDeleteWhat is our mental malfunction?
Ravenous Bugblatter Beast of Traal Syndrome?