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Saturday, March 20, 2010

**[investwise]** Economists To Miss The Next Financial Crisis (100319)

 


"On the surface, the [U.S. economy] rescue efforts look vaguely like a success. The private sector stopped spending. Government increased its spending to make up for it. Okay so far. Alas...net, the world's debt is still increasing – by a huge margin. Over the next 3 years, the biggest 20 economies in the world – the G20 – are expected to slip over the 100% mark, with more debt than GDP. Now, let's do a little math...

http://www.stock-investing-software.com/commentary/articles.html?next=13832

Ian

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