The US is only a few years away from reaching the same debt levels that
pushed Greece to the brink of ruin, former comptroller general and head
of the Comeback America Initiative David Walker said.
http://www.cnbc.com/id/43984077
The end is going to be very brutal. Collapse of US and European economy will take India's trade deficit to an unmanageable level and will push exporters out of business, which will bring industrial production to a grinding halt, making scores of people unemployed.
