I am starting to give up hope (and lose interest) that anything can be done to reverse our economic decline. We seem to be on a set course through 2016, after which our financial obligations and debt will have exceeded any reasonable expectation of our economy's ability to support.
Are we like a hopelessly underwater homeowner who lost his job and has been putting his mortgage payments on a credit card? Will we keep doing this until we hit our credit limit and then wait for our creditors to foreclose? I know people who have done this and came out pretty well, so maybe this is the way to go.
Seriously, do any of you, Left or Right, think we can keep on this course indefinitely? If not, what are our options, or is it too late?
Are we like a hopelessly underwater homeowner who lost his job and has been putting his mortgage payments on a credit card? Will we keep doing this until we hit our credit limit and then wait for our creditors to foreclose? I know people who have done this and came out pretty well, so maybe this is the way to go.
Seriously, do any of you, Left or Right, think we can keep on this course indefinitely? If not, what are our options, or is it too late?