A Parable for Our Times
The Kingdom of Washington D.C. is like a wealthy husband and wife, who have a budget problem.
They have been living beyond their means for decades. But having many non-liquid assets, and a good family name, they have always been able to mortgage this or leverage that to get more cash. They live, far, far, beyond even their considerable means.
They have been living beyond their means for decades. But having many non-liquid assets, and a good family name, they have always been able to mortgage this or leverage that to get more cash. They live, far, far, beyond even their considerable means.
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