In the News: FoxBusiness

The public still isn’t aware of how large the coming fiscal train wreck is, portfolio manager Axel Merk tells FoxBusiness

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'It’s good that S&P is bringing this into focus. The public at large still isn’t aware of how large the coming fiscal train wreck is,' said Axel Merk, author of 'Sustainable Wealth' and president of Merk Funds.

Merk said current entitlement spending is leading the U.S. down an 'unsustainable' path.

'The math doesn’t work down the road,' he said.

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