In a recent video, Professor Antony Davies at Duquesne University’s Donahue School of Business takes 78 seconds to explain how the US Debt “outstrips the economic output of the entire planet.” (See “Here’s How the US Debt Outstrips the Economic Output of the Entire Planet“)
Professor Davies was kind enough to share his eye-popping presentation with Wall St. Cheat Sheet. If you can stand the horror, here are 5 slides which you must see:
- The Big Picture
- Social Security Obligations
- US Gov Debt > China & Japan GDP
- Borrowing Against S.S. is > Germany GDP
- Total US Debt > World GDP
Professor Antony Davies teaches at Duquesne University’s Donahue School of Business and offers contrarian commentary on conventional wisdom.
Are You Making Money Despite Washington’s Folly? Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter >>
Your Investment Guide is Here: Click here for your FREE Special Report: Stocks & Bonds Outlook 2011 >>
