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By BobInnes (registered) - website | Posted July 06, 2011 at 23:31:27 in reply to Comment 65585
Whatever happened to the Libertarian Small Gov't A.Smith I used to know? Amazing line of reasoning from you of all people. But I think we are about to find out just how far you can take your logic. Give it a few years or have a look at recent bond rates for the PIIGS and then tell us what our debt payments will be under similar conditions. Conditions that I believe will pertain as soon as this ridiculous bubble pops and bondholders go on strike or get screwed. Either way, your logic freezes up and the free lunch is over.
Frogs, the pot is getting warm.
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