Obama & Bernanke are Bankrupting the U.S.
Biderman on nobody telling the truth with regards to the US Economy. Forget the ISM and other bullshit figures….
While vacationing at the Mauna Kea on the big island of Hawaii, which by the way is my favorite resort hotel on the planet, I realized during a dinner time conversation that no one is talking the truth about the US economy. The truth is that the US is being bankrupted by the actions of the Obama Administration hand in hand with the Bernanke Fed. Bankruptcy sooner or later has to occur when an individual, company or government keeps borrowing more then they can pay anytime soon. The US has borrowed and continues to borrow more money then it will ever be able to repay, and that is true even if economic growth zooms.