This Will Not Happen With Us….

Laitman_727Opinion ( “The history of the debt of America is similar to the history of Greece. A quarter of a century ago the level of debt in Greece was 75% of the GDP (Gross Domestic Product), which is what it is for the United States today. Now the level debt in Greece is 177% of the GDP.

“Within 25 years the debt level in America will reach 156% of the GDP. To avoid the scenario of Greece, America must cut spending. Otherwise the United States will repeat the history of Greece….”

My Comment: The truth is that this is what is expected for most of the nations in the world. It is necessary to change the system!

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