[phpBB Debug] PHP Warning: in file [ROOT]/includes/prime_links.php on line 129: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/prime_links.php on line 130: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/functions.php on line 4829: Cannot modify header information - headers already sent by (output started at [ROOT]/includes/functions.php:3911)
[phpBB Debug] PHP Warning: in file [ROOT]/includes/functions.php on line 4831: Cannot modify header information - headers already sent by (output started at [ROOT]/includes/functions.php:3911)
[phpBB Debug] PHP Warning: in file [ROOT]/includes/functions.php on line 4832: Cannot modify header information - headers already sent by (output started at [ROOT]/includes/functions.php:3911)
[phpBB Debug] PHP Warning: in file [ROOT]/includes/functions.php on line 4833: Cannot modify header information - headers already sent by (output started at [ROOT]/includes/functions.php:3911)
A Scary Thought • General Discussion • Political Crossfire Forums

A Scary Thought

The place for general political discussion.

A Scary Thought

Postby SmithSmith » Thu Jul 16, 2015 4:43 am

Could America Become the Next Greece?

The Congressional Budget Office (CBO) estimates in its alternative fiscal scenario that U.S. publicly held debt will grow to 180 percent (exceeding the current Greek-level) by 2039. Yet U.S. debt is already in the danger zone, dragging down present-day growth prospects.

http://www.nationalinterest.org/feature ... eece-13341

I know that the difference between America and Greece is that we can print more money. However, that reserve currency will diminish when china's currency make it to reserve status. One simple truth. Give a man a fish and eats for a day. Give a man food stamps, welfare checks, free cell phones and many other things and he will vote democratic the rest of his life.
SmithSmith
Council Member
 
Posts: 98
Joined: Sun May 24, 2015 4:58 am
Gender: None specified
Has thanked: 0 time
Been thanked: 1 time
Political Leaning: Middle of the Road

Return to General Discussion

Who is online

Users browsing this forum: No registered users and 41 guests

cron