$345,000,000,000 Asset Manager Urges US To Get House in Order, Warns Debt Now Increasing Faster Than Economic Growth – The Daily Hodl
Jim Millstein, the Guggenheim Securities co-chair, is calling on the United States government to get its financial house in order, warning of a “fiscal disaster.” In a new interview with Bloomberg, Millstein says that government spending is by far outpacing revenues, creating an unsustainable financial situation. “We’re running a 7% of GDP deficit this year,…