Don't Get Caught Holding Dollars When The U.S. Default Arrives |
| July 25, 2011 | July 2011 Bond Updates |
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Greece can?t solve a problem of too much debt by taking on even more. We will note, however, that by some measures, the United States is even more deeply in hock than Greece. Greece?s debt-to-GDP ratio is 143%. America?s is officially 97%. But the $14.3 trillion national debt, |
| View more at: http://blogs.forbes.com/greatspeculations/2011/07/23/dont-get-caught-holding-dollars-when-the-u-s-default-arrives/ |
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