Can the U.S borrow more?

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cockerel1

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Can the U.S borrow more?

posted on Jan 28, 2010 10:33AM

Link: http://www.telegraph.co.uk/finance/financetopics/davos/7085504/Davos-2010-George-Soros-warns-gold-is-now-the-ultimate-bubble.html

Davos 2010: George Soros warns gold is now the 'ultimate bubble'

Snippet:

“Some countries, like the US and European countries, have plenty of room to increase their deficits.”

Comment:

I am not a follower of Mr. Soros, but suggest this kind of statement is extremely dangerous.