Wednesday, March 18, 2009

Out of town without even an American Express Card

We are broke, literally and figuratively and the “we” is inclusive. Consumers cannot pay back what they owe, entrepreneurs cannot pay back what they owe, corporations cannot pay back what they owe, governments cannot pay back what they owe and bankers owe so much that not even governments can repay what bankers owe although governments are promising to do so while lying about the amounts actually owed.
And only fools are loaning into this economy.

Think about it...draw your own conclusions.

Full essay.