Monday, March 16, 2009

The $2,000,000,000,000 Credit Card

"With the economy deleveraging, the U.S. has credit card in hand, ready to spend America out of this downturn. But remember $2,000,000,000,000 must one day be repaid. You can't print money without consequence. Hopefully, the debt will paid from economic growth and fiscal restraint. The alternative is not pleasant and one we all hope to avoid.

Here's to keeping our fingers crossed."

http://www.cnbc.com/id/29711172

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