We’re All F**king F**ked!

That’s what Bill Bonner said in today’s piece. I believe him, but most of our politicians don’t believe we are f**ked! They think we can weather this storm by continuing Bernanke’s policies, by forcing the rich to pay their fair share, by spending even more money on failed programs, by spending more than we take in and by running up the debt even more. A recent estimate shows us that in four short years our debt will top $21 trillion!!! We are f**ked! That’s what Kyle Bass said in a speech recently. to the question “Do you worry about the US?” he answered:

“I quit worrying about them because it’s just a waste of time – I always leave DC demoralized”

“The central bank is the great enabler of congressional profligacy”

We are f**ked!

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