Dexi Posted August 1, 2011 Report Share Posted August 1, 2011 Seems like many western countries are in a similar predicament....they let the economies become dangerously unbalanced with the state spending and taxing too much.Now they find themselves in a catch 22 situation where cutting public spending is necessary but will stunt economic growth.My guess is we havn`t seen the last of QE and further subsequent cuurency debasement. Link to comment Share on other sites More sharing options...
Khun_Kong Posted August 1, 2011 Report Share Posted August 1, 2011 Have people forgot, that Prez. O has been on a spending spree since in office?... Perhaps you meant to state the actual fact, that Obie has been spending at almost EXACTLY the same rate as GWB. Link to comment Share on other sites More sharing options...
Flashermac Posted August 1, 2011 Report Share Posted August 1, 2011 That's something to be proud of? Link to comment Share on other sites More sharing options...
Bangkoktraveler Posted August 1, 2011 Report Share Posted August 1, 2011 USA is in about the same financial situation Germany was in 1922. Should be interesting to see what happens. Link to comment Share on other sites More sharing options...
nacromonger Posted November 3, 2011 Report Share Posted November 3, 2011 well USA is still ok now $14 trillion dollars in debt ,looks like the dollar will de-value next year get ready boys for less beer money in BKK Link to comment Share on other sites More sharing options...
cavanami Posted November 4, 2011 Report Share Posted November 4, 2011 Perhaps you meant to state the actual fact, that Obie has been spending at almost EXACTLY the same rate as GWB. Repubs, Dems, Prez. O, DWB all the same, worthless, IMO. They have done nothing but screw the US citizens! Prez. O has spent more $$$, kept the wars going and even added Libya into the mix, consistently lied, IMO he is worse then GWB Link to comment Share on other sites More sharing options...
kamui Posted November 5, 2011 Report Share Posted November 5, 2011 Repubs, Dems, Prez. O, DWB all the same, worthless, IMO. Prez. O has spent more $, kept the wars going and even added Libya into the mix, consistently lied, IMO he is worse then GWB Really? As worse GWB, even though he is pulling out of Iraq, got Liyba on the cheap (no US soldier killed and for the price of one day in Irak) and just needed a dozen guys to kill Bin Laden, e.g.? And as far as I know there had been no big attack on the USA from the outside in the past years. Obama's foreign achievements are bigger after 3 years than GWB's after 8 years. Link to comment Share on other sites More sharing options...
cavanami Posted November 5, 2011 Report Share Posted November 5, 2011 On Obbie's watch... how many soldiers killed in Iraq, Afghanistan, Libya? too many after he PROMISED to bring the troops home within a few months of him being elected...how many years have now gone by and troops still there and INCREASED in Afghanistan! Gitmo closed, as promised, NO. Obamacare healthcare, total horse hockey! How many trillions were given to HIS favorite companies? too many!!! Unemployment still at records, illegal aliens, porous borders, TSA Nazi tatics, fast and furious gun sales to Mexico... etc, etc, etc...same-same, just more of a sun tan, IMO. Link to comment Share on other sites More sharing options...
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