The total debt of the United States is approaching 120% of our GDP when you combine the debt of the US Federal Government, the States and local governments, and this NEW debt we have taken on in the form of Freddie Mac, Fannie Mae and AIG.

Historically, no economy can grow quickly if at all when their debt is 90% or more of GDP.  Historically, no government or economy can survive when it actually hits 120%.

This Time is Different helps explain what has happened, what is going on, where we are and what are options are now.  That’s the key, we can bitch moan and complain about what has happened, but what we really need to do is recognize the real situation and prepare to choose our next options.

Click here to order Debt Hope: Down and Dirty Survival Stratgies.

An e-book meant for individuals with serious, defaulted debt problems, Debt Hope: Down and Dirty Survival Strategies takes you inside the businesses that try to collect from you and provides intimate knowledge of their strategies and tactics, as well as telling you what you need to know in order to devise strategic and tactical responses of your own.

It includes the collectors’ dirtiest tricks and your most important secret weapons as a debtor. For those contemplating bankruptcy there is a chapter that provides a framework for making that decsion, and for those faced with court a chapter also provides the considerations that go into defending a court case. Included in the book are examples of approaches to debt that are either unworkable or that will not produce the best result for some debtors. 140 pages, 180 footnotes hyperlinked to explanatory and source material on the Web.