Bailouts Will Push US into Depression: Manager

The end result of the global economic slowdown may be the U.S. announcing national bankruptcy as the government cannot afford the bailouts that it promised and the market will not bail out the government, Martin Hennecke, senior manager of private clients at Tyche, told CNBC on Thursday.

Webmaster's Commentary: 

The US Government is finished. All we can choose is whether we will follow them into the hole or not.

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