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Re: Debt Jumped $54.1 Billion in 8 Days/Wayne/Lee

Bill Gross who manages the largest bond fund in the world at Pimco sold their US treasures back in Feb. With unfunded Social Security, Medicare/Medicade, etc, etc... he indicates the US debt is somewhere around 70-80 trillion. Says we are out Greeking the Greeks. Expects default, but not in the classic sense. More like in the sense of inflation and dollar devaluation. One link below.

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Re: Debt Jumped $54.1 Billion in 8 Days/Wayne/Lee