01 Mar
America’s Debt Crisis Lot Worse Than Reported / $48 Trillion
Things haven’t been this bad since the Truman era and the Cold War !
Last year total debt increased $3.9 Trillion, 5 times more than GDP.
External debt owed foreign interests increased $1 Trillion;
Household, business and financial sector debt soared 9%.
72% ($35 trillion) of total debt was created since 1990,
a period primarily driven by debt instead of by productive activity.










I found your site on technorati and read a few of your other posts. Keep up the good work. I just added your RSS feed to my Google News Reader. Looking forward to reading more from you.
Tim Ramsey
I found your blog on google and read a few of your other posts. I just added you to my Google News Reader. Keep up the good work. Look forward to reading more from you in the future.
Tina Russell
Thank You