Thursday, March 19, 2009

Financial market volatility massacre

Trade and Budget Deficit issues: US is Already 'Bankrupt'

Technically, the U.S. is already "bankrupt" because it has a debt that is almost four times the size of its economy, says Puru Saxena, CEO of Puru Saxena Wealth Management. He tells CNBC that the U.S. is at risk of hyperinflation.

http://www.cnbc.com/id/29769858

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