The nation states of the world cannot stop spending money they don’t have. They know they must stop, but they cannot. It is the nature of democratic republics. All the controls the United States and others have put on their governments have now broken down. It was inevitable.
We can expect our government to continue running rampant. It will continue growing in its brazenness, in its sheer stupidity. What’s happening now will only get worse. And worse. We will reach a tipping point.
And it will be time for a change.
Ten Reasons To Be Happy.
As Thatcher said once: “The problem with socialism is that you run out of other people’s money.” I concur, but even extend this: The problem with political means is that you run out of other people’s money and the ability to print your own ad infinitun.