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Saturday, January 3, 2009

The Federal Deficit for Dummies

David Walker, former US Comptroller General and CEO of the Peter G. Peterson Foundation, will be
giving the talk, America on the Brink of Financial Crisis, in San Antonio on January 15.

Interview with David Walker on 60 Minutes:

30 minute version of the movie I.O.U.S.A:
I started to wonder how the debt-to-GDP ration in the US compares to other countries, and the numbers are actually worse for many industrialized countries, but the US may be in much worse shape because we also have high private debt combined with growing public debt.

posted by admin at 6:10 pm  

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