Why government debt not only matters, but will sink us

[akak]

A short and interesting article by Professor and gold expert Antal Fekete, especially for those who deny that the federal government's debt is not only reaching unprecedented levels, but is reaching the point of complete unsustainability:

http://www.professorfekete.com/articles%5CAEFIsAggregateDebtExcessive.pdf


(Sorry, it's in PDF format, so I could not copy it here.)

[beach miner]

Thanks for the great article. Like the old saying about getting out of a hole, quit diggin. I remember when they started to talk about millions casually, and then it was billions, now--trillions. But like an earthquake's richtrer scale ratings, the increments are very EXPONENTIAL. We are soon to discover the weight that all those ZEROS in a TRILLION have. Hope your enjoying your summer AKAK. Keep stackin, and storin. God Bless You All. See Ya At The Top.

[Trvlr45]

It amazes me that there are so many people in this country who actually think that when the government spends money it's free. They really don't understand that THEY are the ones who will be FORCED to pay it back. Literally at gunpoint some day.

What is even scarier is what the government spends money ON! People who don't work in the real private sector don't understand that their paycheck is either stolen from someone elses, borrowed from the privately owned central bank or printed up out of thin air.