Originally Posted by
forsberg21
I saw this coming as soon as your braindead politicians started printing money, thinking it would solve all your problems. It's a great thing I shorted the market months ago with options on leveraged ETFs! I made a small fortune on Thursday and I can't wait for Monday to roll around!
Seriously though, WTF is wrong with your country? You're a nation that lives on credit and are completely oblivious to the consequences of taking on debt. It's not only your government, it's the individual citizens too. Who in their right fukking mind would ever take out a home equity line of credit on a house they've built up equity in towards a car they obviously can't afford? How the hell do you carry a 5 digit balance on a CC? I think Americans have this fallacy that taking on credit isn't such a big deal, that credit doesn't have to be paid back.
The USA gloats that it's the greatest, richest nation in the world. The fact of the matter is that the USA is your next door neighbour with the Mercedes on his driveway, 52 inch plasma TV, speedboat and all the hottest toys money can buy. At the same time, this neighbour is has a negative net worth, is living pay check to pay check, and is on the verge of declaring personal bankruptcy.
RIP USA... it's only a matter of time.
Forsberg21 - Citizen of a nation who enjoys a AAA credit rating, too bad you AmeriCANTS can't say same thing!!!