Friday, November 13, 2009

America Is An Over-Indebted, Profligate, Spoiled Nation In Decline

In the following video interview with Tech Ticker Charles Ortel of Newport Value Partners discusses some of the reasons why the U.S. is in deep decline. Martel believes there’s a slight possibility for the federal government to default on its debts. He also goes into detail about how governments at every level have lost their fiscal discipline and how their irresponsible decisions will affect future generations.

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