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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Joan Osland Graffius who wrote (3921)12/27/2003 9:17:11 AM
From: Haim R. Branisteanu  Read Replies (2) of 110194
 
Joan, the issue of gov. debt is all over the place there is no one country where it's government is in debt over their heads, some more some less.

The issue of US debt stands out because of it's "size" but if one would compare the US debt per capita and population growth and future liability due ot social commitments (pensions, medicare etc.) you will discover that many European countries are in worst shape than the US.

All is relative ............ how about China, India, Indonesia, Pakistan or other Asian countries? they just let their elderly die away in misery and poverty.
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