Thursday, November 17, 2011

Federal Debt Eclipses GDP

Even as Europe shows us where it leads, our debt level has passed limits which have always resulted in debt/currency crisis throughout recent world history. But this one promises to be the biggest and most widespread. We have always been there to orchestrate a transition when other smaller countries threatened the stability of world trade. What happens when the dollar gets its own discipline?
Federal debt tops $15 trillion - Washington Times:: www.washingtontimes.com/news/2011/nov/16/federal-d...age=1
http://chumly.com/n/e00251

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