A picture speaks louder than 1000 words and below picture shows the state of US debt per person. However one need not worry as risk of default is low. Till the time USA retains number 1 position in world, it is good for India else a monopoly by China can be disastrous for the interests of India. Please also have a look at the adjacent image showing the 2010 budget – projected deficits and debt increase.
SEBI Regd Investment Advisor Regn no INA100011988
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