Sunday, January 15, 2012

Debt focus will shift back on US

Doug Casey explains:
The US Government Is Bankrupt
Everyone knows that the US government is bankrupt and has been for many years. But I thought it might be instructive to see what its current cash-flow situation actually is. At least insofar as it's possible to get a clear picture.
Comment: Europe is in better financial shape than the US. Those who act otherwise will have to pay a high price for their prejudice.

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