A CAMEL OR NOT A CAMEL?: Bernanke Moves to Reassure Republicans - WSJ.com
Greece found out that loading up on debt and fiscal mismanagement was like loading up a camel - it suddenly quit acting like you wanted. Luckily the Greeks were bailed out.
An open question would seem to be whether the piling on of debt and overspending on entitlements in the US will end up more like a 'straw on the camel's back' situation or not?
Thursday, February 10, 2011
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