U.S. Government Closes Fiscal Books with $17 Trillion in Debt; Even Ben Bernanke Can't Refinance His Mortgage
The financial books for the fiscal year of the U.S. government were closed on September 30, 2014 and sadly U.S. taxpayers have $17 trillion of debt to pay the government, reports Dawn Bennett, CEO of Bennett Group Financial Services, in her latest missive to investors. That's in the ballpark of 75 percent of U.S. Gross Domestic Product (GDP), which is nearly double the level it was at when the country experienced the great financial meltdown of October 2008 she points...
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