Tuesday, October 08, 2013

Billionaire Hedge Fund Manager: USA Is Broke, Place Your Bets

Singer beats around the bush here.  He all but says it, but doesn't actually say it.  The federal government of the United States of America is insolvent.

You can't tax your way out of it, you can't grow your way out of it.  Somebody, somewhere is getting a haircut. Probably many many somebodies.

But who though?

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