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The Debt Supercycle Reaches Its Final Chapter by w1ld at 1:20 pm EST, Jan 20, 2012 |
Debt Supercycle: As of this writing, outstanding U.S. federal debt is close to $15.3 trillion dollars. For the first time in my lifetime US federal debt now exceeds U.S. GDP. In personal terms each U.S. citizen now owes $180,559.1 -- Great read... And when will the markets lose confidence? |
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RE: The Debt Supercycle Reaches Its Final Chapter by Decius at 12:27 am EST, Jan 21, 2012 |
w1ld wrote: Debt Supercycle: As of this writing, outstanding U.S. federal debt is close to $15.3 trillion dollars. For the first time in my lifetime US federal debt now exceeds U.S. GDP. In personal terms each U.S. citizen now owes $180,559.1 -- Great read... And when will the markets lose confidence?
I'm so sick of this secular bear. years left... |
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