The Global Depression » This Time is Different – A book you have to read to understand what is here http://globaldepressionsurvivalguide.com Survival Guide Tue, 15 May 2012 21:30:06 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 This Time is Different – A book you have to read to understand what is here http://globaldepressionsurvivalguide.com/this-time-is-different-a-book-you-have-to-read-to-understand-what-is-here/ http://globaldepressionsurvivalguide.com/this-time-is-different-a-book-you-have-to-read-to-understand-what-is-here/#comments Fri, 13 Aug 2010 12:58:00 +0000 TheHoboAvoidance Coach http://globaldepressionsurvivalguide.com/this-time-is-different-a-book-you-have-to-read-to-understand-what-is-here/ commentary: 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 Read the full commentary... Related posts:
  1. Reagan Finance Insider Ticks off 4 Points of How GOP DESTROYED the US Economy David Stockman, a former Ronald Reagan finance insider from the...
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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...

read more

Related posts:

  1. Reagan Finance Insider Ticks off 4 Points of How GOP DESTROYED the US Economy David Stockman, a former Ronald Reagan finance insider from the...

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