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.
Fed to Buy Treasurys is Not a Good Sign (Chairman for Asia at Morgan Stanley)
Airtime: Thurs. Mar. 19 2009