Jun 10, 2009
The Federal Government really is the one that poses the single biggest systemic risk, and it is really not even close.
The Public Record
The Federal Government really is the one that poses the single biggest systemic risk, and it is really not even close.
Secretary Geithner was over in China just this past week and he made a statement to their concerns about where we are on our spending.
one thing that is a systemic risk is the unfunded debt that is out there, as Paul was alluding to before.
the national debt would double in just 10 years, pushing the debt north of 100 percent of GDP.
I applaud the chairman and Congressman Miller for their attempt in the underlying bill to address this issue.