The Debt Reckoning.
Remember when people used to talk about the US government's debt problems coming to a head in 2030? Those were the days, eh? As David Einhorn points out, it's not our kids or grandkids who will have to deal with this avalanche of debt and unfunded liabilities. It's our problem, right now.
Thursday, May 27, 2010
Posted by John at 5/27/2010 08:47:00 AM