United States

This is the US's hidden debt problem

A US flag waves as smoke billows in the Hill Fire in Oak Hills in the Cajon Pass in California September 2, 2011. The fast-moving fire, which broke out on a median of Interstate 15 in the Cajon Pass, was burning at the edge of Oak Hills, where 1,500 homes were under a mandatory evacuation order, authorities said.   REUTERS/Gene Blevins  (UNITED STATES - Tags: ENVIRONMENT DISASTER)

"Unless the spending changes, the debt-to-GDP ratio will continue to grow, foretelling disaster." Image: REUTERS/Gene Blevins

Daniel Blitz
Robert Dugger
Managing Partner, Hanover Provident Capital
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United StatesFinancial and Monetary SystemsEconomic Progress
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