RE: New USAWatchdog Interview: Gregory Mannarino – Deficits and Debt Will Explode Higher.

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New USAWatchdog Interview: Gregory Mannarino – Deficits and Debt Will Explode Higher.

in money •  7 years ago 

Hey Greg, after the WWII the Debt/GDP Ratio in the US has even higher than now. What makes you so certain, that this time it is much worse?

money
7 years ago by

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      ·  7 years ago 

    After WW2, most of the debt was caused by massive defense spending. That spending very quickly wound down after the war. We have mostly huge unfunded liabilities now which are only growing bigger every year.

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        ·  7 years ago 

      Thanks! Makes alot of sense!

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