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Joo Rip Gwa Rhhee
Joined: 25 May 2003
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 Posted: Thu Oct 23, 2008 7:57 am Post subject: |
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| Going back to 9-10 isn't a solution for US national security. |
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mises
Joined: 05 Nov 2007
Location: retired
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| Posted: Thu Oct 23, 2008 7:59 am Post subject: |
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| Joo Rip Gwa Rhhee wrote: |
| Going back to 9-10 isn't a solution for US national security. |
Yes it is. You can't afford anything else. Broke. |
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Joo Rip Gwa Rhhee
Joined: 25 May 2003
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| Posted: Thu Oct 23, 2008 8:14 am Post subject: |
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| mises wrote: |
| Joo Rip Gwa Rhhee wrote: |
| Going back to 9-10 isn't a solution for US national security. |
Yes it is. You can't afford anything else. Broke. |
Yes the US can. Besides the US can't afford to allow a war to be waged against it.As long as a war is being waged against the US the US will be unable to conduct business as usual. |
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mises
Joined: 05 Nov 2007
Location: retired
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| Posted: Thu Oct 23, 2008 8:17 am Post subject: |
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| Let me be more clear. The United States can only afford the military budget (both the stated, hidden and wars) if it is able to finance her own debt in her own currency, as an island of stability as a last resort. Because the government and people are broke. This system is coming apart at the seams. |
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Joo Rip Gwa Rhhee
Joined: 25 May 2003
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mises
Joined: 05 Nov 2007
Location: retired
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| Posted: Thu Oct 23, 2008 9:50 am Post subject: |
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| Doesn't matter. Don't be surprised at a trillion $ deficit this year (more bailouts are coming) and the very likely trillion $ deficit next year. |
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