Just another example of twisting the data to match your pre-determined result. Notice in the chart that for the US he lists total government obligations, but conveniently for the rest of the world he only lists debt. Japans debt is close to 200% of GDP, Italy’s is over 100%, funny that no one mentions those, and certainly no one is parading out comments of those countries going insolvent. Are we in a bad situation right now, YES, will the whole country collapse as a result, I’ll put my money that it won’t!