Wednesday, December 16, 2009

U.S. Debt Burden

Only in the minds of court economist and Central Bankers would the idea exist that the U.S. debt level is not a serious problem. Consider the following graph (thanks to Reuters):

Yep, just keep on borrowing yourself to prosperity. Soon enough the entire country will be rich!

Insanity, I tell you. Insanity! The good ol' U.S. of A is broke, folks. If you didn't know that or didn't want to believe, sorry to have burst your bubble.

No comments: