Gundlach Warns America’s “Unfunded Liabilities” Are $163 Trillion, More Than 5x National Debt | ZeroHedge

If we wanted to pay that off, Gundlach observed, it would have to put 10% of our economy, and have negative economic growth, for 77 and a half years. In other words, there’s no feasible way the US will be able to pay off its debt. Instead, the US has no choice but to continuously refinance.

Source: Gundlach Warns America’s “Unfunded Liabilities” Are $163 Trillion, More Than 5x National Debt | ZeroHedge

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