Home > Culture > >Are people running out of patience with their politicians’ spending?

>Are people running out of patience with their politicians’ spending?

>Is this the type of stuff that gets people worked up and off their bums to push back against their political masters?

The problem in the world was caused by too much spending based on easy credit due to artificially low interest rates.

Can someone name one country that is not looking to try and spend its way out of its spending-induced problem?

President Obama gave his non-State of the Union to which Peter Schiff responds:

I don’t see how things are going to get better before they get much worse.

As Schiff points out, without savings there is no ability to fund investment.

I still think we’ll see 10% unemployment and inflation in the USA and across Europe. Australia will hit 8%/8% and potentially crack double figures.

At what point are people going to get so fed up as to ‘chuck the bums out’?

(Nothing Follows)


Advertisements
Categories: Culture
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: