Gloom and Doom. Sad reality of the numbers.
US debt and obligations are staggering. Prepare for the next decade with these statistics in mind:
US Government Debt: $14 trillion + Freddie & Fannie Mac: $5 trillion.
In addition are mandatory payments for unfunded obligations:
Medicare $23 trillion
Medicaid $ 35 trillion
Social Security $ 8 trillion
click to read Minyanville Part I
click to read Minyanville Part II