US govt debt and household debt are both over 90% of US GDP.
Never in history has US debt been this bad.
Great depression for US over the next 2 yrs if they are lucky imo. US in the 30's was a manufacturing power house and worlds largest creditor nation with gold money.
Newspapers saying people are selling is not the problem.
Newspapers telling people to buy is wrong.
imo
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- what a load of crap
US govt debt and household debt are both over 90% of US GDP....
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