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