This the bubble the Federal Reserve declines to see. The debt to GDP ratio has far outpaced the levels seen after the crash of '29.Click this post from 2005 to see the current mess was foreseeable. Do you still expect a swift recovery?
CHART OF THE DAY: US debt vs. GDP in 2009
Tuesday, February 02, 2010
This the bubble the Federal Reserve declines to see. The debt to GDP ratio has far outpaced the levels seen after the crash of '29.Click this post from 2005 to see the current mess was foreseeable. Do you still expect a swift recovery?
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