Debt Saturation... simple chart showing the change in GDP for the change in debt - how much productivity is gained by pumping $1 of debt into our debt backed money system... now total income can no longer support total debt - "In the third quarter of 2009 each dollar of debt added produced NEGATIVE 15 cents of productivity, and at the end of 2009, each dollar of new debt now SUBTRACTS 45 cents from GDP"... (Click chart to enlarge) http://economicedge.blogspot.com/2010/03/most-important-chart-of-century.html (3*)
Sunday, March 21, 2010
Debt Saturation... simple chart showing the change in GDP for the change in debt - how much productivity is gained by pumping $1 of debt into our debt backed money system... now total income can no longer support total debt - "In the third quarter of 2009 each dollar of debt added produced NEGATIVE 15 cents of productivity, and at the end of 2009, each dollar of new debt now SUBTRACTS 45 cents from GDP"... (Click chart to enlarge) http://economicedge.blogspot.com/2010/03/most-important-chart-of-century.html (3*)
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