Debt to GDP ratio

Click on chart to enlarge.

This chart that should be a wake-up call for all Americans, but unfortunately, it will mostly fall on blind eyes and deaf ears.

I've blogged about this often, and this blog re-affirms my contention points.

http://theeconomiccollapseblog.com/archives/one-economic-chart-that-you-should-permanently-burn-into-your-memory

As you can see from the chart below, the total of all debt (government, business and consumer) is now somewhere in the neighborhood of 360 percent of GDP. Never before has the United States faced a debt bubble of this magnitude....

Us doom-and-gloomers have to stick together.