Jason Trennert: Is the USA the next Bear Stearns?

By Prieur du Plessis, on August 24th, 2010 posted in: DEbt, Economy, US

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In this WSJ interview, Jason Trennert of Strategas Research Partners says Uncle Sam is handling its finances just like Bear Sterns, paying for long-term liabilities with short-term borrowing.

Source: The Wall Street Journal, August 23, 2010.

Click here for a Moneynews.com summary of the interview.

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