Monday, August 24, 2009

a Brief Look at the Monetary situation in the US

Total Federal Debt.... looks like it has gone Parabolic. can things go straight up forever? or does the old saying what goes up must come down come into effect at some point? well certainly not in the next decade according to Tresurary running a $9 TRILLION defict in the next 10 yrs

well it'll be okay as long as the reciept's of tax income comming in are increasing just as fast, oooh wait.... those have nearly fallin off a cliff

As i would expect the amount of debt as a percentage of disposable income would be decreasing by sane rational individuals

now that is a truly scary chart

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