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February 10, 2010
The High Cliff From Which We Shall Fall
"I continue to be stupefied by the number of people who actually defend the notion that the United States has its debt under control. This graph doesn’t denote any sort of control whatsoever — unless you believe “control” and “incomprehensibly stupid and irresponsible” are somehow related in meaning." -- Seeking Alpha
Posted by Vanderleun at February 10, 2010 1:20 PM. This is an entry on the sideblog of American Digest: Check it out.
Your Say
The rise is perfectly coterminous with the abandonment of the gold standard. Quelle surprise !
$5T to over $90T in the ensuing 3 decades
WAF'ed
Posted by: OhioDude at February 10, 2010 1:54 PM