The U.S. is actually in worse financial shape than Greece and other debt-ridden European...

|By:, SA News Editor

The U.S. is actually in worse financial shape than Greece and other debt-ridden European countries when adding in all the money owed to cover future liabilities in Social Security, Medicare, Medicaid and other programs, Bill Gross says. All told, Gross puts the total at "nearly $100 trillion," a position he says hardly lends itself to an overnight solution.