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Day of Reckoning Soon to Come.

Authors :
Ashby, Barry
Source :
Industrial Heating; Feb2009, Vol. 76 Issue 2, p24-24, 1p, 2 Color Photographs
Publication Year :
2009

Abstract

The article discusses the financial crisis in the U.S. It is stated that many credible economists and writers have predicted that the U.S. will face major economic chaos. The author thinks that the true problem is much deeper than the subprime mortgage scandal or automotive industry ineptitude and goes back over 20 years. He informs that in 2007, total public debt was 76.75% of gross domestic product and beginning 2009 the total debt was 181.4% of GDP.

Details

Language :
English
ISSN :
00198374
Volume :
76
Issue :
2
Database :
Complementary Index
Journal :
Industrial Heating
Publication Type :
Periodical
Accession number :
37211315