America Will Surpass 100% Debt To GDP Shortly
If one were to run their personal household as the FED runs the Govt we would be living on the street. It is shocking to me we are at this point. Maybe shocking is the wrong term, maybe disgust. Bloomberg’s Chart of the Day yesterday represented the GDP and Debt per capita on a historical and projected basis. Bloomberg’s chart confirms very soon the US Debt will surpass GDP. Only time this has occurred in our history was during World War 2. I only pray we do not become another Greece or have social unrest.