Read this article. It's talks about EXACTLY what I have been saying and why the stock market is going down.
|"But American austerity is coming. Well, we're not going to get a true "austerity budget" with massive chunks of spending taken off. But we are going to get a kind of austerity, whereby the here-and-there bailouts (states, teachers, jobs programs, etc.) will be a lot less forthcoming."|
Read the article here.