Posts Tagged ‘national debt’

Gerald Celente: US is Going to Bankrupt, Numbers Don’t Lie

While the politicians battle it out over who would be to blame if the American economy hit a brick wall, Gerald Celente from the US-based Trends Journal says the political elite will not recognize simple solutions to curb America’s deficit. ­”The country is going bankrupt — just look at the numbers. The numbers do not [...]

Holland: GOP Budget Plan Wouldn’t Even Make A Dent in the Deficit

As the left and right battle over the debt, Alternet’s Joshua Holland doesn’t see an easy resolution coming anytime soon. Dems are over a barrel as they try to cling onto Medicare, and Republican attempts to balance the budgets are coming up all wrong. Everyone seems to agree that defaulting on the government debt would [...]