You are viewing a single comment's thread from:

RE: Here Is Goldman's Chart Showing Why The US Is Headed For "Banana Republic" Status

in #goldman7 years ago

I don't know if we are headed towards a banana republic, but it certainly can't be sustainable. If we look at Japan and their 250% OF GDP PUBLIC DEBT compared to them USA is a butterfly without a care.

Here is something interesting in numbers
3333.PNG

With the changes in taxation, I think things will get worse before they get better. And for them to get "better" the whole system should collapse and be replaced.