Friday, April 26, 2013

Total US Debt To GDP: 105%

Total US Debt To GDP: 105% | Zero Hedge

 "The end result: as of March 31, 2013, the US debt/GDP was 104.8%, up from 103% as of December 31, 2012 or a debt growth rate that would make the most insolvent Eurozone nation blush. There was a time when people were concerned about this unsustainable trajectory, but then there was an infamous excel error, and now nobody cares anymore."

Recommended reading/viewing:

If Your Outgo Exceeds Your Income, Your Upkeep Will Be Your Downfall
Nancy Pelosi: I'm All For Balancing the Budget ... In a Few Decades
The Children's Future Project: Mom and Dad, We're Blaming You

How I Found Christ?

 How I Found Christ? by Charles Spurgeon (1834-1892)