biggest bubble ever

Jul 27, 2013 16:45

We always talk about bubbles. How insidious, destructive, and of course, unsustainable they are. The high-tech industry had one. Americans lost trillions. Same thing with housing. That nearly started a great depression.

Now Washington, our entire federal government, has become a bubble. An overleveraged, unsustainable bubble. It keeps growing and taking on more debt. As with all bubbles, everyone inside it is fat, dumb and happy. They all live and work in a complete state of denial of their situation...

usa

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