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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: marcos who wrote (103284)	5/19/2009 8:28:05 PM
From: RockyBalboa	Read Replies (1) of 110194

Makes sense; but if you adjust this by workweek (approx 34 hours) then it takes 20 minutes to add a dollar in debt; divide by people employed / total (137/306MM) then a dollar in debt is added every 9 minutes. In other words: during a working hour the public debt per employee rises nearly $7 (while the employee makes $18 per hour on average). ftp://ftp.bls.gov/pub/suppl/empsit.ceseeb1.txt ftp://ftp.bls.gov/pub/suppl/empsit.ceseeb2.txt That´s quite an uphill battle.

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