Extend and pretend aka kick the can down the road is now worldwide public policy.
The Greek road just gets to the cliff (at the end of that road) a bit sooner then others. US public finances are on a par with that of Greece. Street rioting is probably a year away, with an economic collapse sometime after.
The federal government borrowing 40 cents of every dollar spent is not the way to prosperity, but it is the path to hyperinflation.
SCHit for Brains must not have read my post of a couple of weeks ago where I said I had put in my last buy into the gold stocks and was at that point back to being "all in" after going "all out" a few months ago. Also posted here.
Then again, what can you expect from someone who thinks pimping some SCHWil stock from 50 to 12 is a great way to make money.