True U.S. Debt Surpasses $200 Trillion

WindRock interviews Dr. Laurence Kotlikoff, economist at Boston University and expert on U.S. debt obligations.  Dr. Kotlikoff addresses such issues as: U.S. financial obligations substantially in excess of the official $18 trillion debt due to pension obligations, Social Security, health care and other government programs as reported by the Congressional Budget Office; how the forthcoming retirement of 80 million baby boomers receiving an annual average of $40 thousand in government programs will overwhelm U.S. financial capabilities; and potential repercussions from financing U.S. federal debt levels by the mass printing of dollars.  January 2015.