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US National debt 12 trillions
送交者: k19 2009月03月29日10:58:31 於 [股市財經] 發送悄悄話
回  答: To combat high inflation, thefangemin 於 2009-03-28 22:41:10
Official number. The real number is probably much bigger. That not incluce debt of states and local govt. Not include entitlement spending. This number is already more than GDP.

15-20% means the debt will doubt in 3.6 -4.8 years. You think they can raise the interest to that high like they did in 1980? I don't think so.
You made a great point about money flow from stocks to more secured and profitable investments. Thanks
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