Home › Forums › Financial Markets/Economics › Schiff- Crash Proof › patb wrote:”US Dollar is
[quote=patb]”US Dollar is doomed- there is no way we can meet all our spending obligations ”
Nonsense.
Run the NYTimes budget simulator, roll back the Bush Cuts, fix the militar spending, invest a bit in America and roll.[/quote]
I don’t think the record speaks well for the concept that increasing taxes automatically leads to greater returns.
Maybe China will agree to cover our national defence so we can afford more European style socialism? Or maybe the Muslims?