Gustavo Ballvé on October 6th, 2010
Food for thought, Home, Investment Themes, Portfolio Management

“You might argue that the government is mostly working, and the budget deficit is just one wrinkle that will get ironed out in time. But given that we’re in a budget death spiral that will eventually derail every other function of society, I would say that all we’re talking about is a timing issue. By analogy, maybe your brain can remain conscious for a second after your head gets chopped off, but as a practical matter, you’re not less dead.” — Scott Adams, creator of Dilbert, jokes seriously about the US budget deficit and the government’s apparent inability/ ineptitude to deal with it. Light reading about a very pressing topic.

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