How serious is the US Debt situation?

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X-Nemesis
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How serious is the US Debt situation?

Post by X-Nemesis »

Was reading an article where the writer stated that the Media has been sensationalizing the American Debt story because it is the middle of Summer when hot stories are hard to come by and so the only story to latch onto is the Debt crisis. Is it really as bad as we are reading and if so, are we talking a worse financial collapse then the 2008 fall?
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blebs
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Post by blebs »

It's every bit as bad as your hearing. If we were to default, we would collapse the world economy, which is exactly what they've been planning for a long long time. It may not happen in August, but it's going to happen sooner or later. We have not seen the worst of this yet. It's still to come.
Success is a lousy teacher. It seduces people into thinking they can't lose. -Bill Gates
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Roody
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Post by Roody »

Partisan politics has become the undoing of this country. It's fine when people disagree, but it's poisonous when disagreement means becoming disagreeable.
frostybear
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Post by frostybear »

A visual for those who see better in pictures..http://www.wtfnoway.com/
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MadDoctor
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Post by MadDoctor »

Roody wrote:Partisan politics has become the undoing of this country. It's fine when people disagree, but it's poisonous when disagreement means becoming disagreeable.
What he said.
People will forget what you said... and people will forget what you did... but people will never forget how you made them feel.
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blebs
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Post by blebs »

MadDoctor wrote:What he said.
Where have you been sonny? Are you part of this debt ceiling destruction?
Success is a lousy teacher. It seduces people into thinking they can't lose. -Bill Gates
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Roody
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Post by Roody »

blebs wrote:Where have you been sonny? Are you part of this debt ceiling destruction?
He's been busy in D.C. making sure the sheep's voices are heard.
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MadDoctor
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Post by MadDoctor »

Roody wrote:He's been busy in D.C. making sure the sheep's voices are heard.
Good one!!!!!!!
People will forget what you said... and people will forget what you did... but people will never forget how you made them feel.
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blebs
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Post by blebs »

Roody wrote:He's been busy in D.C. making sure the sheep's voices are heard.
Well..........What did the sheep say?
Success is a lousy teacher. It seduces people into thinking they can't lose. -Bill Gates
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Roody
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Post by Roody »

blebs wrote:Well..........What did the sheep say?
Well he offered up a debt plan, but word is it was baaaaaaaaaaddd


:D
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