One Economic Chart That You Should Permanently Burn Into Your Memory

July 23rd, 2010

Via: Economic Collapse Blog:

Total U.S. Debt as Percent of GDP

Total U.S. Debt as Percent of GDP

Posted in Collapse, Economy | Top Of Page

2 Responses to “One Economic Chart That You Should Permanently Burn Into Your Memory”

  1. Eileen says:
    July 23, 2010 at 4:46 am

    Hmm. Wonder what that chart would look like minus the wars in Iraq and Afghanistan; the bases of military all around the world etc.
    How much does it cost to shut Hilary up? Sounds like she’s fulmugating more wars with her tone!
    Such a bitch!
    On the other side the IMF FORGAVE HAITI its debt today. So big of the IMF. The IMF is another Federal Reserve, no right to exist.
    Having watched Avatar every weekend since about May, if you have (like me), remember the line, “they killed their Mother (planet).”
    I’m not sure if humans are responsible for all of the things that are happening to Planet Earth re weather etc.
    But what kind of chill pill is available? People along my work commute route are going 70-85 mph and god/dess bless you if you squeak out into the passing lane. PA’s budget crisis would be resolved last year if they sent out the National Guard on my commute and gave out “a number” of speeding tickets. People are nuts out here. Wish I could just hunker down at home for the next couple of years. No Such Luck.

  2. quintanus says:
    July 23, 2010 at 4:24 pm

    did a bit of research on Nixon because my coworker’s family was his attorney general, although now all her family gave big donations to Obama. Kennedy, Eisenhower, Nixon, Ford were all cold war presidents, with the chaos of the depression and WWII in everyone’s recent memory. People have assembled clips from films of all these presidents where they sound positively ‘socialist’ compared to contemporary rhetoric; Nixon started the EPA, supported affirmative action and welfare etc. Now, of course Nixon didn’t really support these things in his heart, but he just understood history and the reality of class struggle. In their papers, they clearly state that wanted to put competent people in the agencies and achieve economic stability (so the people don’t riot, duh). I think the modern REPs and Dems don’t remember the cold war and potential for catastrophe, and start to believe their own abstract notions of ‘small government’, not understanding that welfare is a payout for keeping the peace, rather than charity

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