Cincinnati.com/The Enquirer published an op-ed written by contributor Dan Regenold titled, “It Will Take a Transformational Leader to Keep U.S. from Becoming Greece.”
Mr. Regenold suggests, “One of the key health measurements of world economies is something called debt-to-GDP ratio. Gross Domestic Product is the sum-total of all the goods in the USA in a given year. If you divide the $33.5 trillion in U.S. debt by the $25.9 trillion in U.S. GDP you get a debt-to-GDP ratio of 129%. This makes the U.S. as the 11th most indebted of 207 countries in the world. We are right there next to Venezuela, Italy and Japan.”
He concludes his op-ed with, “It will take … a group of empowered citizens to prevent America from becoming the next Greece − we are really almost there.”
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