[mEDITate-OR:
want a pic fix, each and every day, and not know where to go to get one...
When you can get one sent to you, free of anything buy knowledge !!
And, if you thought that economics was "The Dismal Science" before...
well, you will still know that is true.
These 3 charts will show all of U.S. that PIIGs aren't the only things that can't fly.
The Argument of the 1st is that the interest we now are obligated to pay is so far above our revenue/ability to pay, that we are in a maelstrom that we cannot get out of.
The 2nd chart shows U.S., that as bad as Japan's GDP aging population problem is, we look almost identical - NOT pretty.
The 3rd chart's argument is that we have borrowed ourselves into the same corner as Japan.
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While these charts ARE "argumentative", they provide food for troubled soles.
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CHART OF THE DAY:
http://www.businessinsider.com/newsletter
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CHART OF THE DAY:
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How The US Could Lose Its AAA Status By The End Of 2011
http://www.businessinsider.com/chart-of-the-day-interest-to-revenue-ratio-2011-1
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Does The Fed's Balance Sheet Explosion Look Familiar?
http://www.businessinsider.com/chart-of-the-day-japan-us-reserve-bank-credit-outstanding-2011-1
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Actually, The U.S. Has Looked Like Japan For a Long Time
http://www.businessinsider.com/chart-of-the-day-us-japan-gdp-per-capita-2011-1
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