The Cominig Collapse

A series of short articles that tries to put our debt level in perspective (part 1; part 2; part 3;). It's simple, really; if you have too much of X, more X is unlikely to solve the problem. As a diabetic, if my blood sugar is at 300 mg/dL (normal is 70 mg/dL), I'm unlikely to lower it by eating a pound of animal crackers dipped in chocolate frosting (mmmmm; making myself hungry). Likewise, the Obama "stimulus" is unlikely to accomplish much because it depends mostly on people who are already drowning in debt running out and borrowing more money.

Have a nice day.