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Wednesday, March 05, 2008

America's Debt Crisis Lot Worse Than Reported / $48 Trillion

Last year total debt increased $3.9 Trillion, 5 times more than GDP.External debt owed foreign interests increased $1 Trillion;Household, business and financial sector debt soared 9%.72% ($35 trillion) of total debt was created since 1990,a period primarily driven by debt instead of by productive activity.

read more | digg story


About This Blog

Tabuxander is a personal blog. It is a journal about my three white pearls:

Pearl #1 - my family.

Pearl #2 - my obsession about technology, gadget and everything in it, especially HTC, iPod Touch, and Linux

Pearl #3 - my experience about selling online via eBay, Bonanzle, and other online websites.

About me

I am tabuxander. Visit my wife's blog to know more about my family

If you like this blog, read my blog post via RSS and if you don't really want to do that, follow me on twitter.

Assume that you really like me instead of my blog, add me as a friend on facebook.

I have items to give them to you, but it cost you money. [via eBay! Malaysia or eBay! US | Bonanzle ]

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