Puzzle
The Lower Nuthouse idiots are quibbling about whether to raise the totally self-imposed "debt ceiling" which isn't really a limit any way you look at it. Some
say that breaking through the "ceiling" will cause default. This is obvious nonsense; as long as other big bond-selling countries are even less secure than this one, enough investors will continue to buy our debt. (And if they don't, Capo Bernanke will print more quintillions of Zimbabwe dollars to "buy" it in some insane theoretical way.)
Wait. Here's an opportunity for some country to become the most reliable investment. Why do all the major western countries continue mindlessly down the path of instability and poverty? Why doesn't somebody bite the bullet and institute real austerity? Why doesn't one country eliminate environmental rules, clamp down on the stock market, and invite real industry?
It's a puzzle. Normal economics tells us that human greed and pride would lead to such a result, given the obvious advantage in both national wealth and national strength. Are all officials in all governments totally bought and blackmailed by the Jewish Mafia? Or have they totally forgotten the basic rules of economics, knowing only the new
Plutonomics of derivatives and swaps?