The Evolution of the Dollar

The accumulative interest expenditures will simply rise to the point they bring down the entire system.
For you cannot cut the interest expenditures without defaulting on the debt. Austerity is not the answer
for cutting spending, raising taxes, will reduce economic growth, increase unemployment, and cause a
further decline in tax revenues. There is just way too much debt to get out of this trap without some
clever default.
 

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