It’s official: US debt-to-GDP passes 100%. Gubbermint now owes more than the country makes in a year. Hey, remember when the national debt was only $10.6 trillion (before Hope-along Changedy took office?) Good times. But don’t worry, we have a fiat currency, which means our money will soon be as worthless as our politicians are.
Author: Bonfire of the Absurdities
After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.
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