Things seem to be getting better.
But isn't it because the government is injecting massive doses of borrowed money into the economy?
And because the Fed is lending money at 0%?
You can't borrow and print forever. Are we using this temporary respite to reduce debt?
Doesn't it look like a massive sugar rush? How long before the sugar no longer produces the euphoric high?
1 comment:
My favorite graph is the last one. It seems to show that accumulation of debt is impervious to booms or recessions.
Debt. Debt. Debt. Awesome.
Death, taxes and.. yep....
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