It doesn’t get any simpler than this
“We ask that the United States take steps to resolve the political issues of the debt ceiling and prevent a US debt default to ensure the safety of Chinese investments in the United States,”
That’s an increase of $13.5 trillion just since 2006, and is growing by more than $2 trillion a year.
“We are spending money we don’t have,” Mr. Bloomberg explained. “It’s not like your household. In your household, people are saying, ‘Oh, you can’t spend money you don’t have.’ Our debt is so big and so many people own it that it’s preposterous to think that they would stop selling us more.”
This is what happens when your Debt to GDP ratio is at 220% and your government’s economic plans consists of seizing land from farmers and handing it out to your cronies while trying to borrow even more money to keep the entire disastrous thing going.
Liam Neeson is waging a heroic war in behalf of horses and against the ignorant, destructive and corrupt left in NY. http://t.co/pcKzfBMaWk