For those who are always overawed by the might of the West, especially the US, it may be informative to view the US debt debate and how it will affect the future of our next generation. The fantasy part of US economy is that it is robust, dynamic and has an aura of magic about it that can solve all the problems of Continental US as well as rest of the world. We in Pakistan have always been indebted to the US, at least publically (on papers), not realizing the cost paid.Monday, August 15, 2011
US Debt: Fantasies of the Grand Ponzi scheme ((US, US economy, Ponzi scheme))
For those who are always overawed by the might of the West, especially the US, it may be informative to view the US debt debate and how it will affect the future of our next generation. The fantasy part of US economy is that it is robust, dynamic and has an aura of magic about it that can solve all the problems of Continental US as well as rest of the world. We in Pakistan have always been indebted to the US, at least publically (on papers), not realizing the cost paid.
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