Tuesday, August 9, 2011

Greece has the EU to bail them out, who would bail out the USA if it gets into trouble?

Medicaid and social security will account for almost half of American government spending by 2015. The other half is mostly interest payments on the country's soaring debt and discretionary spending, with about half of the latter going on defence. If they slip up by getting the maths wrong who will bail them out?

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