America is in a state of limbo as its political class waits for the results of the November presidential elections to give it direction. But as the Democrats and Republicans polarise opinion on whether there should be more government spending or less, the country faces a mounting debt burden of almost US$16 trillion - more than its GDP. The debt crises of European countries are an object lesson for America.

THE UNITED States is facing a huge debt crisis with the total approaching US$16 trillion.

US public debt - including what the US Treasury owes trust funds like Social Security - is greater than America’s gross domestic product of US$15.09 trillion. The last time US deb...

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Dr. Kim R. Holmes
The choices have rarely been so stark in American history. The US may indeed be at a tipping point and the presidential election in November 2012 may determine the future trajectory of American history
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  • Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
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