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MarketWatch: Our debt time bomb is ready to go ka-boom

Submitted by JimV on Wed, 02/03/2010 - 5:56pm

MarketWatch: Our debt time bomb is ready to go ka-boom
Source: www.marketwatch.com

Yes, 20. And yes, any one can destroy your retirement because all 20 are inexorably linked, a house-of-cards, a circular firing squad destined to self-destruct, triggering the third great Wall Street meltdown of the 21st century, igniting the Great Depression II that George W. Bush, Ben Bernanke, Henry Paulson and now President Obama have simply delayed with their endless knee-jerk, debt-laden wars, stimulus bonanzas and bailouts.

A not so encouraging look at the future. Survivalist hysteria has been popping up on Seeking Alpha for some time, but now it's on MarketWatch. Does that make it more credible?

Economics

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