Obama: No Jobs, No Growth, Govt. Gridlock, Huge Deficits
Basically, this is what Greece has been doing for the past dozen years.
Meanwhile, Obama's friend, Ben Bernanke, is printing money at the fastest rate in history. He is buying over a Trillion dollars a year of treasury bonds and bills and paying for them with money created out of thin air.
25 years ago, we looked at countries that "monetized their debt" at similar magnitudes and swore that we would NEVER do something like that...