The Motley Fool Discussion Boards
Investing/Strategies / New Paradigm Investing
|Subject: Re: Venezuelan election October 7||Date: 10/4/2012 6:44 PM|
|Author: BrianMotleyFool||Number: 63947 of 76490|
>> The US is entirely broke, and no politically conceivable combination of tax rises and spending cuts is going to be able to fix it.
That's a positive outlook! LOL <<
Being a pessimist is great. That way, I'm either right, or, if I'm wrong, things go well. It's win-win.
>> Default is inevitable on either issued debt, or promised benefits, or, most likely, both...
This wouldn't happen if politicians followed the Guy Kawasaki rule:
Under promise and over deliver. <<
If they followed the Kawasaki rule, they would not be politicians. QED.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|