With the ongoing media attention to the “Debt Crisis” in the US, coupled with many Bucharestians’ “emigration” to the States we thought it fitting to publish some bits and pieces of an interesting conversation we had with a fellow expat. A brief update first however: This debt ceiling fiasco is nothing new for the US – nor is the propaganda surrounding it. First off, the very idea of a “debt ceiling” is a bit ridiculous. For a debtor nation such as the US (and in general) a government has expenses and income (taxes for one).
