- Sep 6, 2000
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Behold the mighty welfare state fallen. Sweden is aflame, Greek youths suffer up to 75% unemployment and relying on prostitution. Even when the government make-work jobs falter, and the pensions dry up, and foreign capital investment flees in terror, the progressive answer is (as always) to employ "stimulus" and borrow more, more, more. Well, this is the end game of that plan. This is what it looks like when you "run out of other people's money." It's selling yourself on the streets for 5 Euro, coming to an American inner city near you. Maybe Detroit can reinvent itself as the North American sex tourist destination of choice for rich progressives.
http://seekingalpha.com/article/1325511-it-is-not-different-this-time-it-is-worse
http://seekingalpha.com/article/1325511-it-is-not-different-this-time-it-is-worse