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Economy - Economics USA

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http://chrisinmaryville.net/

What would you say if I told you that Americans are nearly 60 TRILLION dollars in debt? Well, it is true. When you total up all forms of debt including government debt, business debt, mortgage debt and consumer debt, we are 59.4 trillion dollars in

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Rep. John J. Duncan, Jr. (R-TN) brought one minute of hard-hitting reality to the United States House of Representatives on May 30, remarking that the United States government, with its over $17 trillion debt, is only escaping — for now — Detroit-sty

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zerohedge.com

Back in April 2013, when looking at the dynamics of global treasury supply and demand (and just before the TBAC started complaining loudly about a wholesale shortage of quality collateral), we made the simple observation that between the (pre-taperin

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