Imagining the Truth from Ben Bernanke

'Well, you see, the 2008 recession was really a big one and it's, um, still happening and, um, will be into the forseeable, um, future. You just have to look at Europe...first there was Greece, then Ireland, now Portugal, right now, three years later, next France, then Italy, then Germany. It's pretty clear. America can't pay it's bills. We're stuffed. The machine is broken. Things will get worse for us, but worser for our kids and their kids. It was a really big hit and, well, we did what we could to cover it up. We just have to get used to having less and get used to knowing our kids will,um, have less...and, well, that's about it. Governments will have to get more creative about what they call their taxes so we go on thinking we have a future anything like we do, um, now...hhmmm. Thank God for China. China will do well and as long as it doesnt change its system of economics or politics, we have some hope of, well, getting by on its fringe...but as for what we can do now, or in the future, after so much was taken out, well, we cant do anything about that, because, um, its broken'.