"Eventually it is going to be a hyperinflationary great depression... The annual deficit is running $4-5 trillion a year, that includes the Y/Y change in the NPV of unfunded liabilities... There is no political will to deal with this." -- John Williams, economist, Shadowstats.com
Thursday, December 9, 2010
True Defict of $4-$5 Trillion/Year
Labels:
deficits,
depression,
hyperinflation