Friday, June 18, 2010

Greenspan Says U.S. May Soon Reach Borrowing Limit - Bloomberg

Greenspan Says U.S. May Soon Reach Borrowing Limit - Bloomberg:

"“The federal government is currently saddled with commitments for the next three decades that it will be unable to meet in real terms,” Greenspan said. The “very severity of the pending crisis and growing analogies to Greece set the stage for a serious response.”"

Ok, so how about nominal terms? Got gold?

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