Now in short you can read about it at zerohedge at:
“The irresponsibility of the governments that have done nothing but spend since Ronald Reagan jacked in acting to play the role of President of the USA, there has been nothing but a successive line of Presidents that have been playing a role-game for the entire country. It’s about time that all that changed.”
And this spending was so easy because the US dropped money for IOYs. Is it time for a change? Well it is beyond high time, but the system still has the weopons ans still the support of most of the population. So it will go in, till it really breaks. I doubt there will be any president wise enought to initiate the bust, I’m also afraid the next chief of the central bank will print even more money. And we all know how that ends….