Bankrupt America: A Fragile Nation Grappling With Unprecedented Debt Problems
Zero Hedge -

Authored by Michael Snyder via The Economic Collapse blog,

America, you officially have a debt problem, and I am not just talking about the national debt. 

Consumer bankruptcies are surging, corporate debt has doubled since the last financial crisis, state and local government debt loads have never been higher, and the federal government has been adding more than a trillion dollars a year to the federal debt ever since Barack Obama entered the White House. 

We have been on the greatest...


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