Tag Archive: United States public debt

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Dollar Going Down in Flames

US trade deficit widens 16% to hit $48.7 billion, While US Govt will default on its debt by March


JNN 12 Jan 2013 Washington D.C : US Commerce Department says the country’s trade deficit widened by 16 percent to reach USD48.7 billion in November 2012 after a rise in the imports of… Read More →

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US Economy 1

US Economy lost , Debt more than its GDP, Apple has more cash than US Govt


JNN 03 Aug 2011 : The US Department of the Treasury says the country’s debt has topped 100 percent of its gross domestic product amid concerns over the slow pace of economic recovery.

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gold price 10 year chart Nov 2010

Gold prices Hit all time record High , as the US economy near to collapse


JNN 23 April 2011 : Gold prices have hit an all-time high, standing at above USD 1,500 an ounce, amid growing concerns over the deepening economic crisis in the United States affecting the… Read More →

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