| Re: 9th straight quarter of growth. That report looks good and all but oil prices are now up to $64/barrel. These reports only look at the spending side of things. (e.g. companies are spending more, households are buying more, costs for goods are stagnant or increasing slowly.) But they never mention how much debt the average American is carrying. An inflationary market or worse a depressive market would be devistating to the whole U.S. economy. And with China holding 70% of all U.S. debt we could become another province of China. Hell, Mexico would shutdown their border to the U.S. to keep illegals from here sneaking into Mexico to work. |