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View Diary: The Evening Blues - 12-6-12 (36 comments)

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  •  evening priceman... (4+ / 0-)
    Recommended by:
    priceman, AoT, joanneleon, ek hornbeck

    it always makes me snicker when some ceo or economist type starts pontificating about how capitalism is the most efficient system of distribution of goods and services.  

    sometimes i wonder if we don't run a greater risk than greece.  because we can keep printing money, when our crash comes we might have further to fall, so to speak.

    i'm part of the 99% - america's largest minority

    by joe shikspack on Thu Dec 06, 2012 at 05:31:10 PM PST

    [ Parent ]

    •  Indeed. With diminishing political returns.. (3+ / 0-)

      though we can't default, the public won't continually support bailouts that will continue so it is possible that instead of a default(death) we will be in an economic coma on life support after the next crash which some consider worse than death with the prolonged misery and idle resources we aren't even doing anything about right now.

      I don't negotiate grand bargains with deficit terrorists!

      by priceman on Thu Dec 06, 2012 at 05:48:40 PM PST

      [ Parent ]

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