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Scary Picture: Spiraling U.S. Debt

The graph below, courtesy of Citywire, shows the expected change in government debt in 2011 versus the current debt for a number of countries. As shown, U.S. debt is much higher than average and, like Greece and Ireland, will continue to grow in 2011.

A picture speaks a thousand words ...

Government Debt of Advanced Economies
Source: Citywire, November 26, 2010.

 


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