The US Federal deficit will lead to a debt crisis and future currency meltdown of Biblical proportions according to financial and investment expert Martin D. Weiss, PhD
In February alone, the official U.S. federal deficit was a monstrous $221 billion, far greater than anything we have ever experienced in history.
The U.S. Treasury is borrowing money...
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The most important financial instruments on Earth — long-term bonds issued by sovereign governments are the next victims of too much government debt, including U.S. Treasury Bonds.
Greek government bond collapse the first victim and spreading
On October 8, 2009, Greece’s benchmark 10-year bond was selling for 112.295. Today, it has collapsed to 92.13.
And the drama...
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