Well done video by Ray Dalio of Bridgewater Associates
Did you know that only about 50% of the U.S. population will owe any taxes in 2009? Great chart looking at who is paying taxes in 2009. Link
Great, funny videos!
Very interesting series of charts and graphs giving a graphical picture of our current and future economic situation within the U.S. The link below is for downloading these series of charts:
Link (This download is about 10MB – large, but the charts are worth it)
Here are a couple of examples:
(Good, easy-to-read overview of our current economic situation)
by Charles Wheelan, Ph.D.
Ben Franklin supposedly said that it’s better to skip supper and go to bed hungry than it is to wake up in debt. Ben would be quite disappointed in us. We Americans didn’t skip dinner; instead, we opted over the past decade to gorge at the buffet and then charge it.
We woke up as the world’s largest debtor — so deeply in debt that our global creditors are getting nervous, and rightfully so.
Here are some economic realities associated with our deepening fiscal hole. Continue reading “Mountains of Debt: America’s Economic Realities”
“The unprecedented expansion of the money supply could make the ’70s look benign.”
By Arthur B. Laffer