Boehner quits debt talks
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- Boz
http://www.bbc.co.uk/news/world-…
My suggestion to all fellow Americans. Start buying Euros now. Inflation is now inevitable in 3,2,1...
- ukit0
Probably not a good idea to buy euros either
- jon_d0
straight gold baby
straight gold.
money bin. coin surfing.
- JSK0
Euros worthless as Dollar
- utopian0
Probably a good idea to buy Mexican peso.
- utopian0
Probably a good idea to buy rupees.
- Boz0
No worries.. Europe is much more stable than US at this point in time. It's not super awesome but it's gonna pull through. US dollar on the other hand..
If US credit rating gets lowered it's adios amigo to US dollar being the World Currency and welcome fantastico inflacion. :)
- You're kidding yourself about Europe being anywhere close to stableTheBlueOne
- Yeah, that whole Greek and Italy defaulting thing isn't really helping the EU's cause.Pumpkin_baby
- stoplying0
Boehner Jams
- Boz0
I think that GOP bitch is just trying to put the country on the line to try to milk a few more benefits into the agreement and thinks he's smart that way.
GOP what a wonderful party full of patriots! :) He's willing to put the country and even world economy in risk for self benefit and interest of the richest.
Bravo!
- JSK0
Boz
Heard of euro debt crisis? Note that they keep failing and bailing them out with out knowing how to pay for these defaults?
*moving to China with ukit
- numbers0
It is an example of the financial system cashing in on a crisis. They know the winners and losers and will place bets accordingly
The rest of us pay the price
- ItTango0
The only real strategy (using that term loosely) the GOP had was to oppose Obama. Turns out that's not really a strategy at all... just petulance. Now, because they've thrown all their efforts into that BS... they don't know what the f*ck to do about anything, and so out comes Bush, jr's play book.
As for the POTUS, he and the throng of "castrati democrats" that surround him never took the opportunity to kick ass when they had the chance. Now we all have to deal with this shit!
Pesos you say?
- jon_d0
is the system broke or is this a repeating pattern that will go away?
I am a busy man.
- JSK0
System is broken. They did not let things fail completely during the down fall few years back. Granted we would be in the crappers if that happened but it would have been better for a long term.
Just putting bandaid on a dam with a crack and hoping that someone else will fix it.
- ukit0
We're talking about the debt limit, not broader financial issues. All Congress has to do is vote to raise it. It's a problem of their own creation
- JSK0
debt limit is the result of poor planning and thinking that the problem can be solved by spending and printing more money
- bush?jon_d
- debt limit has more to do with the US dollar being the global reserve currencyTheBlueOne
- JSK0
But to ukit's point, this article sums it up
- ukit0
So the problem is easy to solve. Just vote to raise the debt limit.
- Reagan raised it 18 times during his presidency. Just do it, already!ItTango
- it was raised 8 times during bush as well.dorf
- Well that was so we had enough money to kill brown people and cut taxes on the richTheBlueOne
- I mean you have to raise the debt ceiling for shit like that. You know, when deficits don't matter.TheBlueOne
- ∞moldero