The Next President Will Bankrupt the Nation
Jul 29th, 2008 | By Bill Bonner | Category: Featured, Financial NewsThe train is poised to make a comeback in the US, says Bill Bonner in The Daily Reckoning.
Bill says the next president will need to spend huge sums of money as consumers cut back on spending. If consumers don’t spend, either private business or government will have to take up their mantle. And what better way for the government to spend then a massive infrastructure program.
The only sure thing about a massive infrastructure program, however, is it will further bankrupt the nation…