done
Thanks....the increasing debt of both the government and the private sector cannot keep continuing without something giving. The Federal Reserve (Treasury Sept.) has been printing new money at an average rate of 14% ahead of the nation’s GDP for some time now basically when the housing bubble began bursting. I’m looking at the debt as a percentage of the GDP...and that’s moving up. The gov is issuing more bonds in hopes of putting the brakes on the housing bust’s effect on the economy and that’s making our dollar tank and oil skyrocket, and in the meantime, salary increases for the average worker is not even half of report inflation rate of 5%....actually it is 10%.