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It's the debt, stupid!

 
Kal-El's Roommate
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User ID: 897973
United States
03/25/2010 02:10 PM
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It's the debt, stupid!
The latest U.S. Treasury Z1 Flow of Funds report was released on March 11, 2010, bringing the data current through the end of 2009. What follows is the most important chart of your lifetime. It relegates almost all modern economists and economic theory to the dustbin of history. Any economic theory, formula, or relationship that does not consider this non-linear relationship of DEBT and phase transition is destined to fail.

[link to economicedge.blogspot.com]
Kal-El's Roommate  (OP)

User ID: 897973
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03/25/2010 02:14 PM
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Re: It's the debt, stupid!
In short, every dollar of debt now created results in almost 50 cents *less* GDP.
Anonymous Coward
User ID: 920419
United States
03/25/2010 02:15 PM
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Re: It's the debt, stupid!
Yes it is
Anonymous Coward
User ID: 554016
United States
03/25/2010 02:21 PM
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Re: It's the debt, stupid!
The gold charts will look like the debt charts some day soon.
Kal-El's Roommate  (OP)

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03/25/2010 02:27 PM
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Re: It's the debt, stupid!
The gold charts will look like the debt charts some day soon.
 Quoting: Anonymous Coward 554016



People always forget about silver and gold.





GLP