Friday, March 09, 2012

Oh yeah, and there's this - Lost among the unemployment numbers for today: "U.S. budget deficit hits all time high in February."  The U.S. is borrowing 54 cents for every dollar it spends?  Yawn.  Don't worry: Paul Krugman told me that bond rates are still low.

"How did you go bankrupt?"
"Two ways.  Gradually, then suddenly."
 - Ernest Hemingway, The Sun Also Rises

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