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Order Photo Reprints  Black hole of debt threatens economy
About John Browne Picture John Browne Freelance Columnist
Pittsburgh Tribune-Review   Daily Photo Galleries  By John
Browne  Published: Saturday, Oct. 27, 2012, 8:54 p.m.  Black
holes in space have remained somewhat of a mystery since they
were first conceived of by a German mathematician serving in the
trenches of World War I. This is because inside a black hole
many laws of physics are thrown into disarray.  What is known is
that the bigger the collapsed star, the more powerful and
devastating the black hole.  The U.S. economy, still the world's
largest, is like a gigantic star. Congress and the Federal
Reserve have created black-hole-like spending that threatens
severe damage to American and world economies.  Last week, U.S.
treasury debt topped $16.2 trillion. America's total debt,
including unfunded obligations for programs such as Medicare,
Social Security and unfunded government g