Tuesday, December 9, 2014
If ya haven't read Peter's latest
Then you should go read it.
This is the reason I want to sell my business and buy a decent farm somewhere away from most urban areas. Ideally more than 3/4 of a tank of gas away. Rais a bit of livestock and not be there "when the music stops".
The current level of spending is, really, unsustainable in either the short term or the long term. And when (not, sadly if) it stops, then things will get very ugly very fast. Very.
Read his article. 2/3 of every dollar in the us is spent on some form of entitlement. And that number is growing. Plus the incredible debt load.