There is no way America can meet its obligations. America is the largest debtor in the history of the world and the debt is going up daily. Wether we are talking about Pension Plan, or medical care or just interest on the debt, you name it. Our debts keep going higher and higher. Do the math, I do not want to sound like a fear mongerer or something, just do the arithmetic, you can add this as easily as I can.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.