RealClearWorld - Sun Could Set Suddenly on Superpower as Debt Bites

RealClearWorld - Sun Could Set Suddenly on Superpower as Debt Bites: "The CBO projects net interest payments rising from 9 per cent of revenue to 20 per cent in 2020, 36 per cent in 2030, 58 per cent in 2040 and 85 per cent in 2050. As Larry Kotlikoff recently pointed out in the Financial Times, by any meaningful measure, the fiscal position of the US is at present worse than that of Greece."