Economic Charts

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Tuesday, September 28, 2010

Niall Ferguson Comments on the U.S and Debt

Niall discusses how the U.S. is consuming so much debt and that the interest on the debt will overcome the amount of revenues coming in from taxes.  Our ability to service the debt may be overcome in the next decade than it spends on defense.  Niall comments on how China is moving away from U.S. debt subtly as to not gain attention.  He talks about gold investing and and hyperinflation on the full program.

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