‘It’s The Debt, Stupid – Massive Borrowing Binge Producing Fake Recovery’

Federal Debt held by public, foreigners, and Federal Reserve COGwriter Has the economy of the USA been financed by massive debt the past 8 years? Certainly. The total admitted federal debt has nearly doubled in the past 8 years.  What took the USA about 231 years to accumulate (1776-2007), the USA has added in the [...]