The U.S. is Fast Becoming Another European Financial Disaster

Add the total obligations of the U.S., and you find much higher debt in terms of GDP and other standards than that of Europe and even Greece.

Yet, America is supposed to be the leader of the free world, not a tiny, struggling country. We are called on to be a global leader,  as an economic catalyst,  and a defender of democratic principles.

Unfortunately,  politicians responsible for the financial crisis-to-come, as the result of U.S. debt, may be out of office when disaster occurs.

And the blame then will be placed on the shoulders of administrations who will attempt to clean up the impossible mess.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)