How bad the US debt crisis is set to become?
US fiscal deficits are projected to average a 6.3% of GDP over the next 10 years.
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US fiscal deficits are projected to average a huge 6.3% of GDP over the next 10 years.
Such deficits have never occurred outside of major crises and wars.
What is even more staggering is that this projection assumes no recession.
If the US government is expected so much during periods of economic growth, what will happen when a downturn occurs?
I you have not read it already, please find below the comprehensive analysis of the US debt situation and how to invest in such an environment:
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