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Our collapsing economy and currency

Posted on 04 December 2012

Is the “fiscal cliff” real or just another hoax? The answer is that the fiscal cliff is real, but it is a result, not a cause. The hoax is the way the fiscal cliff is being used. The fiscal cliff is the result of the inability to close the federal budget deficit.
The budget deficit cannot be closed because large numbers of US middle class jobs and the GDP and tax base associated with them have been moved offshore, thus reducing federal revenues. ……………………………………….Full Article: Source


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VRS - who has written 36545 posts on Opalesque Commodities Briefing.


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