John Williams From Shadow Stats: "The REAL Deficit Is Running At $5 Trillion Per Year" (Audio)
Sep 28, 2010 at 9:28 PM
DailyBail in Federal Bankruptcy, deficit, federal debt, federal deficit, john williams, national debt, shadow stats

Topics are gold, the real national debt, treasuries, stocks & hyperinflation.

John is using GAAP accounting which correctly includes the annual unfunded liabilities.  His website is Shadow Government Statistics -- the best site for true government economic statistics:

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Check out the real unemployment rate from ShadowStats:


 

 

 

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