CHART OF THE DAY: Jeff Gundlach Says The US Has A Roman-Style Military Budget

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The U.S. economy shares some similarities with Ancient Rome, argues Jeff Gundlach.

Gundlach, the bond legend behind DoubleLine Capital, led a presentation yesterday titled: “The Decline and Fall of the Roman Empire.”

Like Rome, the U.S. has a bloated military budget said Gundlach.  To describe the scale of the U.S. budget relative to the rest of the world, he provided these eye-popping tables.

Click Here For Jeff Gundlach’s Full Presentation >

chart of the day, us military vs. world, feb 15 2012

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