$15 Trillion
The U.S. Federal debt just rose above $15 trillion, yet bond markets are unconcerned about it, even as they are in panic over a lot lower debt levels (even in relative terms) in some European countries. This just goes to show that it is not a just world.
posted by stefankarlsson at 9:12 AM
2 Comments:
Hi Stefan, could you explain to me why the Americans are getting away with this?
I'm thinking that they are the last domino in the collapse.
Good question, "dmcl01". That's a complex issue which I will explain soon in a later post.
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