Ivan Canas: 21 Century Great Depression causes and what to do. Please read the more info section.
$516348 per household. The primary economic concerns have centred on: high national debt ($9 trillion), high corporate debt ($9 trillion), high mortgage debt (over $10 trillion as of 2005 year-end), high unfunded Medicare liability ($30 trillion), high unfunded Social Security liability ($12 trillion), high external debt (amount owed to foreign lenders), high trade deficits, and a serious deterioration in the United States net international investment position (NIIP) (-24% of GDP). In 2006 …
Thanks, Bush, for the greatest single day wealth transfer in American history.
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