Tuesday, March 24, 2009

"The US is Already Bankrupt"

[note: this is a video clip - if you can't see it, click here]















"Technically, the U.S. is already bankrupt because it has a debt that is almost four times the size of its economy, says Puru Saxena, CEO of Puru Saxena Wealth Management. He tells CNBC's Amanda Drury & Sri Jegarajah that the U.S. is at risk of hyperinflation."

Note the recommendation for silver and gold investing at the end of the clip (the link takes you to the one book I recommend you get, in order to understand the US dollar collapse and gain a solid ground on gold/precious metals investing).

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