Feb 20 2013

Crossing the debt Rubicon. Does debt even matter? Over $5 trillion in Federal debt now held by international and foreign investors.

In most economic literature there seems to be a tipping point at which a nation enters a precarious state in which too much debt has been taken on.  A typical point occurs when a country hits a point where annual GDP is surpassed by total outstanding debt.  We recently crossed that threshold.  Another long-term trend […]

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