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U.S. Debt Passes $15 Trillion Mark

IMG Auteur
Tim Iacono
The Mess that Greenspan Made
Published : November 17th, 2011
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Category : Opinions and Analysis

 

 

 

 

Fortunately for the U.S. government, the sovereign debt mess in Europe continues to distract the rest of the world from the burgeoning liabilities being amassed here across the Atlantic as total U.S. debt surpassed another milestone late in the day yesterday – a cool $15 trillion as shown below from DebtClock.org.




I’m sure the debt “supercommittee” will get this all fixed up in no time.

 

 

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Tim Iacono is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.
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WTC at Sunset   11/17/2011 at 3:20 PM GMT
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Fortunately? This is a bear. The United States needs to wake up.
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