Friday, November 16, 2012

U2′s Bono Warns Fiscal Cliff Cuts Will Hurt World’s Poor

I'm glad Bono cares, but the poor will suffer no matter what Congress does.  Our debt problems are unsolvable and irreversible.  The financial elites will only pile on more debt by creating more currency, in futile attempts to stimulate sagging economies.  A global debt repudiation will render billions of people to starve.

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