The government is running a ponzi scheme, applying cash accounting to report their financials, instead of GAAP accrual accounting.
http://www.forbes.com/sites/kotlikoff/2015/05/13/17-nobel-laureates-and-1200-economists-agree-with-ben-carson-re-u-s-fiscal-gap/#281b4fe65931
Sunday, September 25, 2016
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