Q&A: How many ways will 0bama drive the economy into bankruptcy?
Question by Jimmbbo: How many ways will 0bama drive the economy into bankruptcy?
Medicare is going BROKE, and will need more cash
Medicare is going BROKE, and will need more cash
Social Security is going BROKE, and will need more cash
0bamacare is estimated to be $ 2.5 TRILLION (NO serious person believes barry’s $ 1 trillion tag)
Millions of baby boomers, who be inflicted including paid into the Social Security for DECADES retiring, meaning
MORE demand for Medicare, Social Security
How will this NOT bankrupt the country?
Best resolution:
Resolution by Jester
If you are so sure including the intention of the US economy will collapse, you better start export insurance against the US going bankrupt. The 5 time CDS for US soverign risk is currently trading in the commence market at 36.9 basis points. This earnings you pay 36.9 cents for 1000$ . Sounds be fond of a skilled deal to me!
Unfortunately this low CDS spread shows including the intention of the capitalist free market does not believe including the intention of the US is going bankrupt. But, hey, who believes in a free market anyway!
Add your own resolution in the observations!
Let me count the ways….
Release one way. Over spending.
How does his song go? give it away, give it away now, give it away give it away now, conundrum is, who is he giving it to?