Because the king of steroids is in charge!
But IOUs? Reallly….?
I guess it’s a self-fulfilling prophecy: if you don’t invest in infrastructure, the populace becomes dumb enough to accept just about anything. All roads lead to Idiocracy!
Is it possible to short a U.S. state? If not now, I’m sure the Wall Street guys will figure it out….
a propos Idiocracy: the hilarious, pointed, politically incorrect and scary “Idiocracy” (The Movie) will be on Comedy Central on Feb 15! http://www.starpulse.com/Movies/Idiocracy/
just in: we need not use Wall St. to get out of this mess via shorting: viva la eBay, a California invention:
http://news.cnet.com/8301-13578_3-10159649-38.html