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US: Fantasy of Debt
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  • brianlucebrianluce

    That premise might have held a little accuracy in 2009. In 2012? Not so much.

    And no mention of the premise behind government borrowing which is to stimulate growth and avoid deflation. Another stimulus package is rumored in the works actually.

    I like the charts, but the article is mostly garbage.

  • Vitaliy_KiselevVitaliy_Kiselev

    @brianluce

    Click on the link :-)

    As for charts - two last charts show the fantasy consequences.

  • brianlucebrianluce

    What's the fantasy part?

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