To Xρεος των ΗΠΑ ειναι 211τρισ δολαρια!

19:50 1/9/2011 - Πηγή: Olympia

Former Reagan economic adviser Laurence Kotlikoff said the U.S.’s “true indebtedness” amounts to $211 trillion.That’s more than 15 times the $14 trillion official figure……….!!!“We’re focused just on the official debt, so we’re trying to balance the wrong books,” Kotlikoff said, naming Social Security,

Medicare, and Medicaid for the skyrocketing unofficial figure.If you add up all the promises that have been made for spending obligations, including defense expenditures, and you subtract all the taxes that we expect to collect, the difference is $211 trillion. That’s the fiscal gap…Why are these guys thinking about balancing the budget?…They should try and think about our long-term fiscal problems” Worse Than GreeceMost likely we will see a combination of all three responses with dramatic increases in poverty, tax, interest rates and consumer prices. This is an awful, downhill road to follow, but it’s the one we are on. And bond traders will kick us miles down our road once they wake up and realize the U.S. is in worse fiscal shape than Greece. Laurence Kotlikoff, is a professor of economics at Boston University and author of “Jimmy Stewart Is Dead: Ending the World’s Ongoing Financial Plague with Limited Purpose Banking.”ΠΠBloomberg – Business InsiderFiled under: ΕΠΙΚΑΙΡΟΤΗΤΑ