http://www.humorsharing.com/usa-national-debt-part-ii/2851/
So where do I sign up for a loan on a new Mustang, Printex or MnR??????????
What recovery you may ask? I think the world economy may be F____ed for the next twenty or thirty years. Especially some places like Ireland where the interest payments per capita alone are about $6,000 per capita per year over the entire population. I think there will be emigration from debt ridden countries where there will be legacy taxes for generations to cover, where the wealthier will move their equity to more sensibly governed nations which can balance their books and spend sensibly without having to buy votes and pay off the lobbyists etc.....:eek: