Thursday, November 10, 2011

Fiscal Armageddon

Robert R. LivingstonImage via Wikipedia
The United States’ total debt is about to surpass $15.21 trillion, marking the first time in modern history that the debt surpassed the nation’s economy. The country is joining a short list of nations, including Greece and Italy, whose debts are larger than 100 percent of their economies.

Read the rest on Newsmax.com: Sen. Grassley: US Teeters on Brink of Fiscal Armageddon
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