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IPFS News Link • Federal Reserve

On The Imminent US Debt To GDP Parity

06-07-2010 • ZeroHedge.com

"President Barack Obama is poised to increase the U.S. debt to a level that exceeds the value of the nation’s annual economic output, a step toward what Bill Gross called a “debt super cycle." We hope the president will finally address this untenable collision course during one of his daily TV appearances in the upcoming weeks, instead of ruminating on last week's terrific(ally bad) NFP report.

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Reported By Jack Gregson

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