Larry Lindsay: “Unfunded entitlement liabilities take US Federal debt obligations closer to 300%, not 100%, which is > Greece’s debt.” A. Greenspan: “We’re not getting like Greece, we’re getting like Illinois.”

Larry Lindsay, 5/19/15: “Unfunded entitlemt liabilities take US Federal debt oblig’s closer to 300%, not 100%, which is > Greece’s debt.”
A. Greenspan: “We’re not getting like Greece, we’re getting like Illinois.”
Richard Fisher: “[Laughs] Which is worse – Illinois or Greece?”

h/t @LukeGromen
US Total Market Capitalization vs GDP

 
h/t @NorthmanTrader

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