Coca-Cola on 16 September 2008
| Aiemond said: I'd say it was when Regan came in is when the debt started to skyrocket. But don't forget we were fighting the Cold War at that time and the defense spending (even if it was empty) made the Russians nervous and helped them spend themselves to death (along with other things, but this was important too). But, after that, the budget needed to be more balanced. And with the FDIC, the govt will back it up if a crises occurs and it the money is needed. There will not be another great depression like line up at the bank and not get your money. If they have to divert funds from other places they will. |
Where is the money coming from?
That'll be interesting.
