Oh, wait, that's not true at all: actually, the US Treasury gets such favorable terms right now that they actually make money by borrowing.
Nov 24, 2011
Is That Supposed to Be a Haircut?
Adam Zyglis, 11/23/11:
Yes, the debt crisis in the US is so bad that the US government is completely unable to restructure its debts or pay interest! We're all gonna die from runaway debt!
Oh, wait, that's not true at all: actually, the US Treasury gets such favorable terms right now that they actually make money by borrowing.
Oh, wait, that's not true at all: actually, the US Treasury gets such favorable terms right now that they actually make money by borrowing.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Please remember that the purpose of Editorial Explanations is to explain and to expand knowledge, rather than to engage in any partisan bickering. All cartoonists are completely correct, in their own worlds.