I’m not saying that this article is right or wrong. And I like Zero Hedge. I read it every day.
But every Zero Hedge article follows the same format: Here’s an article (or graph) that shows that the economy is about to collapse.
Yes, rational people watching that will say it won't last - that without changes - eventually the family will be forced into bankruptcy. And they'll be right. Just like Zero Hedge is right. But no one knows when the guy will get the LAST credit extension... or pull off the last ‘family loan’...
That's where our country is... there's no way this can continue. But no one knows when the world will quit loaning to us... or when the family (US taxpayers) won't be able to cough up one more short term loan.