60 Minutes has run a story that all investors must listen to. Specifically, David Walker, comptroller general of the United States, totaled up our government’s income, liabilities and future obligations. He concluded the numbers don’t add up.
As you know, I’ve strongly contended for some time now that American has been robbing Peter to pay Paul and Paul is all tapped out. For those of you who either don’t believe me or doubt me, I urge you to watch the following 60 Minutes segment. Just click on the image to be taken to the actual video on 60 Minutes:
This is an eye and mind opening information reconfirming that we are in deep trouble. The outlook is scary.
Can’t imagine that problem of this magnitude can be resolved. My god!