America’s Per Capita Government Debt Worse Than Greece
February 24th, 2012Via: Weekly Standard:
The office of Senator Jeff Sessions, ranking member on the Senate Budget Committee, sends along this chart, showing that ‘America’s Per Capita Government Debt Worse Than Greece,’ as well as Ireland, Italy, France, Portugal, and Spain…
There are drawbacks and benefits to being the world’s reserve currency. This be one of the benefits–a longer noose.