Roubini`s Comments on The Economy And Market Developments - Unofficial Blog
Jun 22, 2010
The US Budget Deficit Is 11% Of US GDP. Not Very Far From Greece`s 13%.
The US today is having a budget deficit of 0.5 trillion dollars this year, that’s 11 percent of US GDP, that’s not very far from the 13 percent of Greece. And the US is much bigger than Greece.