Post Tagged with: "debt vs GDP"

May 3, 2013 05:49

Global Recession Looms – Result of Spending & Debt

Every facet of global manufacturing is slowing …

November 20, 2012 06:54

“Entirely Self-Made” Debt Crisis; I Love My Family But …

The average 7th grader likely understands that he cannot spend more money than he has for years on end. The average economist does not.

November 22, 2011 09:48

A $15-Trillion Problem: U.S. Debt To GDP at 98.9% and Rising

When the debt-to-GDP ratio of a country exceeds 90%, much less 100%, the drag on economic growth begins to rise sharply. This is one of the main problems facing many of the smaller Euro-zone countries today: They are carrying so much debt that they do not have the ability to “grow” their way out of their debt problems. The US has now also reached the level at which our total indebtedness is robbing economic growth.