Everyone in Congress should be required to read The Ascent of Money.
In the 16th Century, Spain was incredibly wealthy (killing the Incas and Aztecs and absconding with their gold, but that's another matter). And guess what.
It went bankrupt. Twice.
So don't think it can't happen here. It can.
In the 16th Century, Spain was incredibly wealthy (killing the Incas and Aztecs and absconding with their gold, but that's another matter). And guess what.
It went bankrupt. Twice.
So don't think it can't happen here. It can.