Mar 23 2010

Debt Binds People and Destroys Creative Initiative

I just consulted with my research team regarding the liabilities or debt of the issuer of the world?s reserve currency (the United States of Amer-ica) and asked for the total unfunded liabilities/debt of the country. The answer came back at over a stagger-ing US$100 Trillion dollars. That?s Trillion with a T. What most don?t realize [...]