The Daunting Task Ahead

By Dave

usdebtload There’s an article that will help put the U.S. debt problem in perspective at The Business Insider.

I think this is important for everyone to understand. The amount of debt in place as a % of GDP has gotten so large that we’re in for years of deleveraging.  Go. Read.

The information on this site is not intended as individualized investment advice and all investment decisions by a reader must in all cases be made by the reader either individually or together with his/her investment professional. The views expressed in articles appearing on this site are solely those of Dave Budge and should not be attributed to any other person or entity except where expressly stated.

This entry was posted on Saturday, April 4th, 2009 at 8:25 pm and is filed under Economics. You can follow any responses to this entry through the RSS 2.0 feed.

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One Response to “The Daunting Task Ahead”

  1. Max Bucks
    4/5/2009 at 11:13 am

    I get the funny feeling we are going to miss the Shadow Banking System. Who will securitize our loans now? Where will all our new credit come from?

    What is even funnier is that the reformers are demanding regulations aimed at banking system that has ceased to exist.

    #210158

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The information on this site is not intended as individualized investment advice and all investment decisions by a reader must in all cases be made by the reader either individually or together with his/her investment professional. The views expressed in articles appearing on this site are solely those of Dave Budge and should not be attributed to any other person or entity except where expressly stated.