Arney: 'There is still a $700 trillion derivatives' Since this is greater than the size of the worlds economy can yo tell us where you got this from?
Or is this part of the defecit myth: which as you can see is not that big in reality: Lots of countries have run defecits of less than 10% of their GDP and come to no harm.
From this months Congressional Budget Office report. The resulting federal budget deficit of nearly $1.5 trillion projected for this year will equal 9.8 percent of GDP.
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