Debt isn't a problem ?????
http://www.youtube.com/watch?v=mrNC0...eature=related Short Version
http://www.youtube.com/watch?v=eb1n1X0Oqdw Long Version
In the end - as I have suggested many times before preferential voting leads to two party politics with the same vein. The inevitable consequences of our continuing government spending will all be too apparent way too soon.
Stimulus isn't "growth" it's "debt".
I've joked many a time about "hyperinflation" and what it means but most don't understand. So some small examples. I have some stamps from pre war Germany - one is 5 Marks overprinted crudely as 20,000 Marks. When I went to Zimbabwe in 2006 the official rate of exchange was 1 USD to 250 ZIM. Black market rate in the month we were there would give me, at the start 600 ZIM. A month later - 1500 ZIM. A bottle of "cane spirit" was about 500 ZIM.
I have a 500
Billion ZIM note in my possession now. I gave away 5 Billion ZIM to a mate.
Hyperinflation is all to real.