The US is only a few years away from reaching the same debt levels that pushed Greece to the brink of ruin, former comptroller general and head of the Comeback America Initiative David Walker said.
As the ratio of its debt to gross national product eclipsed 100% and surged toward 150%, Only successive bailout packages from the European Union and International Monetary Fund prevented catastrophe.
When tolling up all the US debts, including huge unfunded liabilities to Social Security and Medicare, the US is on dangerous ground
DOWJONES IF IT SUSTAINS ABOVE 11176 THEN THIS MAY BE A REVERSAL POINT BELOW THIS WE HAVE A VERY VERY STRONG SUPPORT AT 10954, CONDITION MAY WORSEN BELOW THIS 10954 TILL THEN WE SUGGEST AVOID SHORTING.
As the ratio of its debt to gross national product eclipsed 100% and surged toward 150%, Only successive bailout packages from the European Union and International Monetary Fund prevented catastrophe.
When tolling up all the US debts, including huge unfunded liabilities to Social Security and Medicare, the US is on dangerous ground
DOWJONES IF IT SUSTAINS ABOVE 11176 THEN THIS MAY BE A REVERSAL POINT BELOW THIS WE HAVE A VERY VERY STRONG SUPPORT AT 10954, CONDITION MAY WORSEN BELOW THIS 10954 TILL THEN WE SUGGEST AVOID SHORTING.
