United States National Debt Crisis

The federal debt is over $14.3 trillion and still rising. Under a conservative best-case scenario, the nation's net federal debt will rise to at least 155 percent of gross domestic product by 2035 if not before, more than double the current levels. Under a more pessimistic scenario on growth rates, that load ratchets up at least 302 percent of G.D.P. by that year. In other words, the national debt is like "a can that is being kicked down the road." So then, what kind of world are we "really" leaving to the future generations?

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• UnitedStatesFederalDebt
• NationalDebtCrisis
• 2011
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[maxthemagition]

Same as the rest of the World except perhaps China.?

Everywhere you look , one finds DEBT...The cancer of the 21st. Century.

This is heading towards Currency wars.....The countries that lose the value of their currency are going to be in real trouble because those countries will not be able to feed their populations...

Which is the next currency to be devalued.???

The Dollar, UK Pound and the Euro should be strong enough...After all this the defined Western Civilisation..