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For the Global Thinker

Thursday, September 24, 2009

U.S. Debt Crisis May Cause ‘Fall of Rome’ Scenario



Sept. 23 (Bloomberg) -- U.S. budget deficits will continue to pile up in the next decade, eventually reaching an unsustainable level that may result in an economic collapse, according to Richard Duncan, author of “The Dollar Crisis.”

The U.S. has little chance of resolving its deteriorating financial position because....

http://www.bloomberg.com/apps/news?pid=20601087&sid=aJ6jnKWHrQgI

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