Dislikedsince im long gold and GU its time to sit and wait as the trades unfold before I have to close em before 3pm so I was reading my favorite commie economist paul krugman I'm sure the debt haters will have something to say about his take on the matter The United States government is more than $34 trillion in debt. Did you know that our government owes $34 trillion? That’s $34 trillion! Whenever I write about economic policy, I get a lot of mail and a lot of comments basically asking why I’m not talking more about the national debt. So I thought...Ignored
As more countries stop holding US $ it should help reduce the debt and reduce interest expense and income, I will concede that point, I just don't see how the equation will EVER balance!