Meredith Whitney: US Government Will Have to Bailout States in Next 12 Months

The US is totally broke. Prepare for collapse and the Greatest Depression. -  US Government ‘Hiding True Amount of Debt’, Engages in ‘Enron Accounting’ The U.S. government will face pressure to bail out struggling states in the next 12 months, said Meredith Whitney, the banking analyst who correctly predicted Citigroup Inc.’s dividend cut in 2008. [...] continue reading world news