Sunday, June 06, 2010

U.S.’s $13 Trillion Debt Poised to Overtake GDP

U.S.’s $13 Trillion Debt Poised to Overtake GDP: Chart of Day - Bloomberg.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.”"

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