Technically, the U.S. is already bankrupt because it has a debt that is almost four times the size of its economy, says Puru Saxena, CEO of Puru Saxena Wealth Management. He tells CNBC’s Amanda Drury & Sri Jegarajah that the U.S. is at risk of hyperinflation.
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Fed to Buy Treasurys is Not a Good Sign (Chairman for Asia at Morgan Stanley)
Airtime: Thurs. Mar. 19 2009