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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: Jacob Snyder who wrote (72204)3/24/2011 1:33:26 AM
From: Jacob Snyder  Read Replies (1) of 217573
 
...the aging of the baby-boom generation and rapidly rising health care costs are likely to create a large and growing gap between spending and revenues. These deficits will take a toll on private investment and economic growth. At some point, bond markets are likely to turn on the United States — leading to a crisis that could dwarf 2008.
- from a statement by By 10 EX-CHAIRMAN/CHAIRWOMAN OF THE PRESIDENT'S COUNCIL OF ECONOMIC ADVISERS

politico.com
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