The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: stan_hughes who wrote (1227)	9/30/2007 12:29:16 AM
From: RockyBalboa	Read Replies (2) of 71409

Ok thanks for the update, so it is even worse... (I referred to the earlier post saying: "Every child born in the United States today owes $27,000 on the national debt, why not let them come get $5,000 to grow until their 18?"...) So the federal debt not considering social security deficits (ie, deficits in the present value of pension commitments) rather stands at 65% of the GNP. This begs the question I often asked: could any company support debt standing at two thirds of their gross turnover, particularly with their operating margins so small (or negative like the annual federal budget after interest).

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