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The MOST important chart of the century

http://economicedge.blogspot.com

Debt Saturation chart shows 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!

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el33tpenguin's picture
Created by el33tpenguin 4 years 35 weeks ago – Made popular 4 years 35 weeks ago
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Austrian school predicting this for years.

BobRobertson 4 years 35 weeks 1 day 20 hours ago

The Austrian school of economics has been predicting, from at least 1912, the failure of "stimulus" and intervention into the economy.

Peter Schiff and Ron Paul were telling the world, again for years, that the bust was going to happen and any "stimulus" would only make it worse.

In the immortal words of Han Solo, "It's worse."

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