View Single Post
Old 10-12-2012, 01:35 PM  
Paul Markham
Too old to care
 
Paul Markham's Avatar
 
Industry Role:
Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
Posts: 52,943
Quote:
Originally Posted by DWB View Post
Doesn't matter who is ready for the pain because what needs to be done will never be done. They are going to drive the car off a cliff at full speed while the people foolishly argue about changing the hood ornament.
I agree.

The problem is no one will accept the simple fact that too many economies are run on Government borrowing.

"The Government spent the money." As if it never spread around the countries that borrowed.

"We never were borrowing." But you did sell to countries that were buying with borrowed money.
Paul Markham is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote