This cartoon is painfully close to the truth. It is worth more than a thousand words, and certainly says more.
What will happen when America's private ATM runs out of cash (or changes the pin code to prevent further withdrawals from an overdrawn account)?
The FED has already become the primary purchaser of Treasurys (Bonds, aka IOU's), when it becomes the sole purchaser.......?
Friday, 17 December 2010
America's ATM...........from Rico
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1 comment:
Zimbadwe, Weimar...
The current US administration has clear elements of both.
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