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Friday, September 24, 2010

$30 Trillion for Quantitative Easing (QE) 2? It’s Time to Get Radical!


Yes, it’s time to get radical on the economy and no, I’m not talking about going full Karl Marx — the politicians in Washington appear well down THAT road.. The next set of bailouts could run $30 trillion (as I’ll explain in a bit) and that’s probably not the end of it because all the future government entitlements are well over $100 trillion. This is not only unaffordable, any attempt to make good on even a small portion of this is a fool’s errand. In addition to attempting an impossible task that is doomed to fail, we’re bailing out the wrong people! Hopefully, this article will get you thinking — feel free to leave a comment and help our discussion.'

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