| Online: | |
| Visits: | |
| Stories: |
2015: A Year of Borrowed Time?
by Patrick L. Young
Russia Today
Is this the year when national debt denial bites nations who have repeatedly failed to address their fiscal problems?
The start of the New Year brings hope, reflection and an opportunity to move forward.
Or, if you are a member of the political classes, a fresh new 365 day window to advance your self-interest and ignore the long-term consequences.
I really want to be upbeat cheery and optimistic. Really I do. However, as previously chronicled, nobody, barring a demented halfwit entirely bereft of any vestige of financial literacy can go about their daily business without feeling a teensy bit perturbed by debt. That vast debt is either a mountain which threatens to fall on us from a great height overwhelming society, or rise from beneath our feet creating such a vast hole that we are entirely underwhelmed. Underwhelmed into a deep abyss, that is.
Source: http://financialsurvivalnetwork.com/2015/01/2015-a-year-of-borrowed-time/?utm_source=rss&utm_medium=rss&utm_campaign=2015-a-year-of-borrowed-time
