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IPFS News Link • Economy - International

A Vicious Circle - by Mogambu Guru - The Daily Reckoning

01-02-2006 • By: The Mogambo Guru & The Daily Reckoning Crew

The GDP of the United States is only $13 trillion, for crying out loud! And the actual, real-life deficit last fiscal year, as reported by the Treasury itself, was $4.6 trillion! 35% of GDP! In one year!

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