So, is debt "income…"

[Raoul_Luke]

So, if you acknowledge for the sake of argument that government debt is not actual national income, the following graph is how the U.S. economy looks like excluding stimulus. This is Actual GDP excluding artificial stimulus.



The data and chart comes from the Federal Reserve Economic Data base (FRED.) It is Gross domestic Product minus Treasury Debt. If you download them to a spread sheet GDP is expressed in billions so 1,000,000,000 is expressed as 1, while Federal Debt is expressed in millions so 1,000,000,000 is expressed as 1,000. That is why the chart is (Gross Domestic Product * 1000.)

http://www.zerohedge.com/news/2017-09-28/we-are-already-depression-if-borrowing-money-not-income

How long can the government(s) keep blowing this bubble up? Does that look sustainable to any of you?

 

[justoffal]

So, if you acknowledge for the sake of argument that government debt is not actual national income, the following graph is how the U.S. economy looks like excluding stimulus. This is Actual GDP excluding artificial stimulus.



The data and chart comes from the Federal Reserve Economic Data base (FRED.) It is Gross domestic Product minus Treasury Debt. If you download them to a spread sheet GDP is expressed in billions so 1,000,000,000 is expressed as 1, while Federal Debt is expressed in millions so 1,000,000,000 is expressed as 1,000. That is why the chart is (Gross Domestic Product * 1000.)

http://www.zerohedge.com/news/2017-09-28/we-are-already-depression-if-borrowing-money-not-income

How long can the government(s) keep blowing this bubble up? Does that look sustainable to any of you?

There is still a 70 Trillion dollar hole in the world product that landed in 2008....or should I say that was exposed in 2008.... 70 Trillion in destroyed wealth...poof!

That will take more than 20 years just to break even.

JO

 

[ObamacareForever]

There is still a 70 Trillion dollar hole in the world product that landed in 2008....or should I say that was exposed in 2008.... 70 Trillion in destroyed wealth...poof!

That will take more than 20 years just to break even.

JO

Or the goverment can print up a seventy 1 trillion dollar bills and hand them to china say "good luck making change"