We are still emerging from the Global Crash of 2008 and the great leveraged real estate bubble that accelerated during the last decade in the United States and spread around the world. Unsustainable surges in public debt, deficits and borrowing costs accompany the recovery and threaten to undermine it for various reasons in many afflicted economies.
Please read the rest of our analysis at Honey, I Shrunk the Gross National Debt! available to RGE Clients.