Every so often I read an article that very nearly perfectly reflects my views on the bailout and stimulus packages. This is one of them, at least from the perspective that we’ve really solved nothing but instead are actually deeper in debt than before.
How is it possible to solve a crisis rooted in debt by going deeper in debt?
That’s a good question, and more and more financial professionals are asking the same thing. The following article is well worth reading in its entirety at the link below. Be sure to pay attention to the last sentence, as we’ll be spending some time on that very topic over the next few weeks.
Sustaining the Unsustainable
PREVIEW by Chris MartensonEvery so often I read an article that very nearly perfectly reflects my views on the bailout and stimulus packages. This is one of them, at least from the perspective that we’ve really solved nothing but instead are actually deeper in debt than before.
How is it possible to solve a crisis rooted in debt by going deeper in debt?
That’s a good question, and more and more financial professionals are asking the same thing. The following article is well worth reading in its entirety at the link below. Be sure to pay attention to the last sentence, as we’ll be spending some time on that very topic over the next few weeks.