http://www.telegraph.co.uk/finance/...arns-Federal-Reserve-over-printing-money.html Check out the part at the bottom where the Dallas Fed Governor estimates the unfunded liabilities due to careless government spending. Who will be the first one to post the estimated, jaw dropping number?
Yes, that is correct. $99 Trillion plus our $12 Trillion plus our existing $10 Trillion..........that would mean we are totally ****ED. $122 Trillion. What comes after a Trillion? a 1,000,000,000,000,000. We are 1/12th of our way there.
I can see a bleak future for my gandkids . It seems that the Texans are still ahead of the game . A little more about Fisher http://www.dallasfed.org/news/bios/fisher.html