Wednesday, August 20, 2008

അമേരിക്കന്‍ സൂപ്പര്‍ ക്രാഷ് = -10 ട്രില്ല്യണ്‍

അമേരിക്കന്‍ സൂപ്പര്‍ ക്രാഷ് = -10 ട്രില്ല്യണ്‍

Interview with Jim Rogers, Part I: Bigger Financial Shocks Loom - Seeking Alpha
Rogers: I would say that for the last 200 years, America’s elected politicians and scoundrels have built up $5 trillion in debt. In the last few weekends, some un-elected officials added another $5 trillion to America’s national debt.

Suddenly we’re on the hook for another $5 trillion. There have been attempts to explain this to the public, about what’s happening with the debt, and with the fact that America’s situation is deteriorating in the world.

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