Daily Updates and Insights

UPDATE: 01/11/2012 - We are all still screwed. Other priorities created by the powerful elite have distracted our great nation from dealing with student loan debt in a responsible manner. Be sure to vote in 2012 - put progressives back in charge of the Congress and then scream like hell at them to get done what you want!


Sunday, December 5, 2010

Is this thing on?

I write and I write but nobody seems to be getting the message. The sky is falling and everyone just thinks this can go on indefinitely.

So here's one way of looking at the future - with outstanding student loan debt hurtling toward $1 trillion and no end in sight for this outrageous unemployment - the system will collapse under its own weight.

The logic - as it always is - finite resources and finite human capacity. The only question is - when will Americans finally get tired of this wasteful debt burden and decide it's not worth carrying anymore?
 

Budget Plannerfrom Mint.com