Restoring the Sacred

Friday, September 16, 2011

Daniel Hannan: On The Proximity of The End



Daniel Hannan MEP is warning of the end of the European Union, but his remarks could also be directed at the United States.

"You cannot spend your way to growth. You cannot increase consumption without producing anything (at least not in the long term). You cannot debase a currency without consequences, and you cannot keep borrowing forever. And if you try to keep doing those things, what happens? You're about to find out."

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