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News Link • Economy - Economics USA

The Debt Bomb is Ticking Faster

•, By Owen Sullivan

You would think this would be obvious…

Yet the folks on Wall Street are so scared of another financial crisis they refuse to see what's right in front of their faces.

The stock market has been steady enough for the last two years. But on Feb. 5, we got a not-so-gentle reminder that this period of growth can't go on forever.

The Dow took a nose dive, dropping 1,175 points in just one day.

It was the single largest drop in trading history…

Yet after a brief moment of panic, the experts went right back to burying their heads in the sand — dismissing the Dow crash as nothing more than a quirk of the market.

But the underlying cause of the Dow's crash might just be the single greatest threat to the American economy.

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