The National liabilities of the USA are now at 95 % of the annual GDP.In the history of economy no country ever recovered after crossing the 110 % mark.The USA are expected to cross this point in approximately 3-4 years from now.
Sunday, May 8, 2011
10 year USD vs. €uro chart
The history of the exchange rate seen from the opposite side:
Before getting to euphoric for the USD. a graphic of US. national debts history:
http://www.staatsverschuldung.de/usadef.htm
The National liabilities of the USA are now at 95 % of the annual GDP.In the history of economy no country ever recovered after crossing the 110 % mark.The USA are expected to cross this point in approximately 3-4 years from now.
The National liabilities of the USA are now at 95 % of the annual GDP.In the history of economy no country ever recovered after crossing the 110 % mark.The USA are expected to cross this point in approximately 3-4 years from now.
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