Wednesday, April 4, 2012

America Debt to GDP - 102%......Spain 78.9%....just who is in a crisis !!!

Guest Post: You Ain't Seen Nothing Yet - Part 3 | ZeroHedge: "On this date the U.S. debt to GDP ratio is 102%. Our debt accumulation is on automatic pilot and the national GDP is incapable of growing above 3%. Anyone with the most basic math skills (this excludes Wall Street economists, CNBC bimbo anchors, and Bernanke) can determine the ratio will pass 120% in 2015."

'via Blog this'

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