Depression thoughts

Today a veritable mushroom field has sprung up using the debt to GDP figures I noticed several weeks ago that compelled yesterdays post. There is a an excellent article by James Quinn on the seekingalpha investment website which lays it out far better than I did and he gives detailed historical perspective to the problem which is illuminating. Dupont and JP Morgan trying to raise an army? MY, MY. The ad hominem attacks which follow in the comments were ludicrous but good for a few laughs. People simply cannot abide a messinger of bad news. I am sorry that my graph of debt to GDP did not display the years after 2002. Use the link here to see them better.
http://seekingalpha.com/article/98769-our-coming-depression?source=email#comment-275646

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About cal48koho

I was born in Montana and raised in a dozen Air Force SAC bases. I attended Holy Cross,West Point and UNC in Chapel Hill(MD"71). Army doc in the last years of the Viet Nam fiasco. My wife and I live in a log cabin I built in Jackson Hole in 1975 when we aren't on our Cal 48 yawl. I've done a dozen different jobs and retired from ER and Anesthesia in 2004. I've written magazine articles and am writing a Kunstleresque novel about life in a past Peak Oil world. We are living in a beautiful alpine setting where we hike and ski when we're not thinking about economics and spreading the implications of PO to anyone who will listen.
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