2013-02-25 — usawatchdog.com
Analyst Gregory Mannarino is worried about the out of control debt in America. Mannarino says, "The United States is already in technical default regarding its debt because if it were not for the Fed buying all this debt, we'd be in actual default, which is coming." When the bond market bubble blows up, Mannarino thinks, "People are going to be destroyed here--destroyed from a financial standpoint."
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