We have oft voiced our view that the growing U.S. debt position is unsustainable, including significant debt on the books ($13T) and unfunded liabilities ($56T and counting). Respected investment commentator Richard Russell espoused on the issue in his Friday commentary. We post some pertinent quotes from Russell’s newsletter below. He also describes his view of investment implications, which [...]
Posted: August 2, 2010 by Dan H. (Fixed Income Bubble, Global Fiat Currency Crisis)
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