Quote:
Originally Posted by GMZ
Ok so I think we can all agree that we are in a mess economically in this country. Post up anything having to do with it. Such as what caused it, how can we fix it, inflation vs deflation, collapse, Great Depression 2, recovery, etc. Ill go first...
Too much debt in the system, and a lot of it is going bad. But the govt is not allowing it to be defaulted on and cleared out. Trying to keep asset values unrealistically high wont work because there comes a point when no more debt can be carried. Its simple math really. Its like a balloon you can keep inflating it forever.
Discuss...
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The best and smartest solution......
having patience to let time sort it all out....unfortunately all our elected officials just don't think about their constituents and instead just want to continue to do things along partisan lines like they always do so thay can wave their party flag, take credit for it and secure the next general election.
The next best thing to do thta would probable make general overall sweeping improvements is do away with bipartisan partyship altogether. I think almost 240 years is sufficient to easily look around and come to a conclusion that it just doesn't work.