Tuesday, July 17, 2012

OMB's Stockman: "We're At The Fiscal Endgame"

OMB's Stockman: "We're At The Fiscal Endgame" | ZeroHedge
His warning is that unlike in past periods, today "we are completely paralyzed, there is an ideological divide on taxes and entitlement like we've never had before" and while he realizes that "the debt problem doesn't become a debt problem until the market suddenly have a wake up call and realize that if the Fed doesn't keep printing, it's game over."

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