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Monday, June 7, 2010

When will the massive load of debt make Uncle Sam cry uncle?

U.S.'s $13 Trillion Debt Poised to Overtake GDP: Chart of Day

By Garfield Reynolds and Wes Goodman - Jun 4, 2010

President Barack Obama is poised to increase the U.S. debt to a level that exceeds the value of the nation’s annual economic output, a step toward what Bill Gross called a “debt super cycle.”




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