tag:blogger.com,1999:blog-2471227525958744648.post6239095600947666881..comments2023-09-09T09:01:39.489-04:00Comments on CORE PRINCIPLES: Why is the U.S. Credit Rating About to Drop Again?Anonymoushttp://www.blogger.com/profile/04000930931176589718noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2471227525958744648.post-49359540626001688192012-09-12T14:54:04.141-04:002012-09-12T14:54:04.141-04:00What scares me most is the steepness of the rise i...What scares me most is the steepness of the rise in debt/GDP. What's more it shows very little inclination to flatten out. All this has occurred since Obama. At this rate public debt will equal GDP in less than two years. When your debt exceeds your economic output it's called bankrupcy. When China forecloses on us and starts seizing property I hope they start with the White House.Anonymoushttps://www.blogger.com/profile/04106720151000287612noreply@blogger.com