Total U.S. debt is 3.5 times GDP, a level never seen before. The second highest level was 2.9 times in 1929 [does this date ring any bells?]. Read more...
And for a longer article on the current level of US debt, go here.
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This is yesterday's future... the moment we have been waiting for and co-creating with our imagination, thoughts, words, deeds, fears, hopes, desires - and our silence.
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- James Samuel
- We are living though a time that is pregnant with possibility. I have spent 3 years supporting the New Zealand Transition Towns relocalisation movement, and welcome opportunities for dialogue, with serious people, about what is possible for us to do right now.
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