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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (43226)11/14/2011 9:54:38 PM
From: Real Man  Read Replies (1) | Respond to of 71454
 
Well, actually the ratio of total debt/GDP dropped a bit in the US since SHTF in 2008,
according to the Fed, from 355.9% New Year 2008 to 350.1% in April 2011. At least
one can say it stopped growing, for now. I guess ZIRP and Fed did the magic?

It will sure be hard to outgrow 350% of GDP worth of debt, not that Europe is
in any better shape, they are blowing cause they are forced to pay higher
interest rates and GDP collapses under interest repayment burden.
It's simple math, really. Ben inflates this away? Definitely true, debt does not
go away, so it's inflate or die in SHTF-ish nightmare.

GDP:

2008-01-01 14273.9
2008-04-01 14415.5
2008-07-01 14395.1
2008-10-01 14081.7
2009-01-01 13893.7
2009-04-01 13854.1
2009-07-01 13920.5
2009-10-01 14087.4
2010-01-01 14277.9
2010-04-01 14467.8
2010-07-01 14605.5
2010-10-01 14755.0
2011-01-01 14867.8
2011-04-01 15012.8
2011-07-01 15198.6

Total Debt:

2008-01-01 50804.68
2008-04-01 51252.40
2008-07-01 52053.02
2008-10-01 52433.80
2009-01-01 52732.77
2009-04-01 52502.17
2009-07-01 52328.59
2009-10-01 52346.84
2010-01-01 51880.22
2010-04-01 51856.37
2010-07-01 52131.27
2010-10-01 52494.41
2011-01-01 52644.68
2011-04-01 52554.37