The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: ayn rand who wrote (24338)	11/16/2009 4:29:17 PM
From: Real Man	of 71456

Our GAAP-measured budget deficit comes pretty close to Zimbabwian 50% of GDP. It's 30%, but the scale is the same. The difference is, we keep most of the stuff off budget -g- shadowstats.com crybelovedzimbabwe.blogspot.com Why has this happened? 1. The Zimbabwe government has abandoned any pretext of fiscal and monetary discipline as the budget deficit is now at an astonishing 50 per cent of GDP. Sustainable deficits are thought to be about 3 per cent.

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