Learn from the fall of Rome, US warned

Told you so, years ago.

"David Walker, comptroller general of the US, issued the unusually downbeat assessment of his country’s future in a report that lays out what he called 'chilling long-term simulations'.

These include “dramatic” tax rises, slashed government services and the large-scale dumping by foreign governments of holdings of US debt.

Drawing parallels with the end of the Roman empire, Mr Walker warned there were “striking similarities” between America’s current situation and the factors that brought down Rome...

'With the looming retirement of baby boomers, spiralling healthcare costs, plummeting savings rates and increasing reliance on foreign lenders, we face unprecedented fiscal risks,' said Mr Walker, a former senior executive at PwC auditing firm."

Just makes you want to shout, doesn't it?

Toga, toga.