F Dominicus Blog

A politically incorrect blog about matters of money, government, bureaucracy, freedom and sometimes something else.

The debts are still on the run

Well dear reader, there is no turning point in sight.

The central banks still do what they can because they "own" the paper money. So indeed they all are printing. The US deficit is still just terrible every year a trillion new debts are there. And the following statistics says: http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/07/UBS%20Hyper%203.jpg

A quater of all expenses are nothing but new debts. How serious can one day that we have less debts? That's a plain lie.

I can not understand why anyone believes that the US still will pay back all that. I do not understand how anyone can ask for even more debt for investements. So no the debts are running and they are increasing their speed by the day.

We may had have a time to stop it some 4 years ago, but it seems now it's too late.... And what's the problem? It's just the next election between two which have now own idea about debts. Just spend the money they do not have. And they are still extending their controlling of all citizens because of some obscure terror mania.