Saturday, June 6, 2009

Who Is Going To Lend Us The Money To Fund Our Exploding Debt?

(businessinsider.com) PIMCO's Bill Gross joins the chorus of folks concerned that our exploding deficits are leading us down the road to ruin.

The key questions here are:"Who is going to lend us the $2 trillion a year necessary to fund this spending?" and What interest rates are they going to demand to do it?"

Read the entire story here

1 comment:

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