Fed's Fisher: U.S. debt situation at tipping point

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  • paperboy
    Confirmed User
    • Feb 2005
    • 359
    #1

    Fed's Fisher: U.S. debt situation at tipping point

    "If we continue down on the path on which the fiscal authorities put us, we will become insolvent. The question is when," Fisher said in a speech at the University of Frankfurt.

    http://finance.yahoo.com/news/Feds-F...99246.html?x=0
    LSHMSFOAIDMT- "Laughing so hard my sombrero falls off and I drop my taco"
    Tags: None
    • TheSenator
      Too lazy to set a custom title
      • Feb 2003
      • 13330
      #2
      Nah....we just need one more war to stimulate the economy.
      ISeekGirls.com since 2005

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        • webair
          Confirmed User
          • Feb 2002
          • 8531
          #3
          Originally posted by TheSenator
          Nah....we just need one more war to stimulate the economy.
          They started that the other day.


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            • Kiopa_Matt
              Confirmed User
              • Oct 2007
              • 1448
              #4
              Originally posted by TheSenator
              Nah....we just need one more war to stimulate the economy.
              Nope... I think the US is pretty much at a point where, become a world government, or become Zimbabwe. Ok, maybe not that drastic, but along those lines.
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                • Rochard
                  Jägermeister Test Pilot
                  • Dec 2001
                  • 75734
                  #5
                  But haven't they been saying this for decades? Every time the amount goes up from millions to billions and then to trillions.... The sky is always falling.
                  Herschel Savage
                  Brooklyn, NY

                    Comment

                    • 12clicks
                      Too lazy to set a custom title
                      • Jan 2001
                      • 19813
                      #6
                      Originally posted by paperboy
                      "If we continue down on the path on which the fiscal authorities put us, we will become insolvent. The question is when," Fisher said in a speech at the University of Frankfurt.

                      http://finance.yahoo.com/news/Feds-F...99246.html?x=0
                      nah, lord obama said we could borrow our way out of this mess.
                      and if that doesn't work, he said we can just tax the rich more.
                      I'm not a dinosaur, I'm a crocodile. I've seen dinosaurs come and go and I'm left unimpressed.

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                        • GatorB
                          The Demon & 12clicks
                          • Oct 2001
                          • 18208
                          #7
                          THis is all bullshit. Just racist Obama haters who can't stand that a black guy is in charge. Here's a fun fact for all the ignorants out there. After WWII the deficit was 30% of GDP. TWICE what it is today. Yet we survived. Hmmmmmmmmmmmm.

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                            • XPays
                              Team Player
                              • May 2004
                              • 13002
                              #8
                              in the speech i saw Bill Clinton make last week in SF, he touted mathematics as being a great way to balance the budget. maybe the govt will try that again one day...
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                                • fatfoo
                                  ICQ:649699063
                                  • Mar 2003
                                  • 27763
                                  #9
                                  It's sure better to have less debt.
                                  Send me an email: [email protected]

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                                    • charlie g
                                      Confirmed User
                                      • Aug 2006
                                      • 2759
                                      #10
                                      Wow. Fatfoo saves the thread and Gatorb says something that is not stupid as hell(the first time ever). What an epic thread.

                                      *I just read your post again gatah.... you make one good point and then fuck it up with your insanity. People dont hate obama because he is black, they hate him because he is a spineless fucking lying weezel used car salesman. Just like people hate you because you are a clueless opinionated moron.
                                      Last edited by charlie g; 03-22-2011, 03:42 PM.
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                                        • Vendzilla
                                          Biker Gnome
                                          • Mar 2004
                                          • 23200
                                          #11
                                          Originally posted by charlie g
                                          *I just read your post again gatah.... you make one good point and then fuck it up with your insanity. People dont hate obama because he is black, they hate him because he is a spineless fucking lying weezel used car salesman. Just like people hate you because you are a clueless opinionated moron.
                                          Excellent Read
                                          Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
                                          think about that

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