“We’re bankrupt,” said Howard Davidowitz

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“Here are the numbers … we’re broke,” Howard Davidowitz declared in a recent interview with Yahoo Finance – Tech Ticker, noting the U.S. government goes $5 billion deeper into debt every day and is facing $1 trillion-plus annual deficits for the next decade. “In other words, we’re bankrupt,” said the inimitable commentator.

Source: Yahoo Finance – Tech Ticker, November 25, 2010.

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