Wednesday, October 21, 2009
You Thought We Had Problems?
There is grave concern over the bulging U.S. Federal debt we're amassing in light of this recent economic crisis. But ours pales in comparison to the debt currently saddling the country of Japan. If you click on the title you'll access an article that estimates its debt at twice the size of their GDP. The U.S. debt presently matches the nation's GDP. The Japanese have been mired in a recession for the better part of two decades.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment