First chart shows debt a s% of GDP up to 2005, not one politician or economists ever mentioned this relationship to anyone.
2nd chart shows current DELEVERAGING process inmotion, and yyes you are right, this hasn't occured in more than 70 years!
Let OBAMA make his senseless stump speaches onhis NEW STIM job creation plan....$200B is nothing...$trillions thrown at have done little except make things we all need cost more!!!
We are in a debt buuble burst K WINTER cycle.....and we are heading back to the norm causing lots of pain on the way....nothing can hold it back, only make it worse.
D
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