Guest Post: The US Debt Crisis - How High Will It Go?

Guest Post: The US Debt Crisis - How High Will It Go?

by Tyler Durden

Authored by Chris Ferreira, originally posted at Economic Reason blog,
The implications of the US debt crisis are not well understood in most circles, and it is not widely spoken about in the media and during important political debates. The irony is that the US debt is so significant that it plays a monumental role in finance and modern political strategy. The debt poses great risks moving forward, and yet it is referred to in only the vaguest of terms.
Here is why the US debt must grow every year and why it is mathematically impossible for it to continue forever.http://www.zerohedge.com/news/2013-01-05/guest-post-us-debt-crisis-how-high-will-it-go