Dollar Ponzi

The Debt Bomb Will Explode in Our Face — Karl Denninger

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from Greg Hunter:

Karl Denninger of says the US is headed for the same fate as Greece. Denninger says, “Not only have they not cut anything, but they have been expanding the spending of government, the debt taken on, at twice the rate of economic output. This is going to explode in our face. If we as Americans do not put a stop to this, we are going to face what Greece is facing now.”