Debt Clock

November 25th, 2008

 

Here’s the sad truth, we’ve been through a dot.com meltdown in the late 90’s.  Now we’re going through the mortgage meltdown.  Based in the clock below, we’re headed into the mother of all meltdowns, the “debt meltdown”.  Try as they might, the federal government will only postpone the pain that’s coming with bailout after bailout and the number below will just get larger and larger.  The hidden hand of the free market will work regardless of the interventions.  Hang on, rough ride ahead.


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