It is my belief that the U.S. faces an imminent debt crisis. But that doesn’t mean bad outcomes are guaranteed.
If our current circumstances are managed in the best ways, the outcomes will be much better than if they are managed in the worst ways.
In fact, there is a 3% solution to dealing with the U.S. government debt problem that would lead to much better results than the path that we appear to be on.
If you’re interested in learning more about the steps we can take to solve these issues read the full interview with sorkinsays of the nytimes. I hope you will read my new book, How Countries Go Broke: The Big Debt Cycle (available at all booksellers) and let me know your thoughts.
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