Friday, February 27, 2009

Money | US Household Debt to GDP | Econometrics


Who to blame for the current economic mess? Republicans - Democrats - Politicians? Investment or Commercial Bankers? Wall Street or Main Street? We need to look in the mirror, folks. Check-out the trend of US Household Debt as % of GDP. See anything wrong here? I understand that the 100% current ratio was last seen in 1929. Here's that link from an NPR show on 2.27.09.