Saturday, October 4, 2014

The Monetized New Millennium

"New Monetized Millennium Facts Jack:
  • U.S. real median family income has declined to the level of twenty years ago.
  • Labor participation rate has dropped to a 36 year low.
  • Total U.S. household debt, currently over $10 trillion, nearly tripled during the new millennium.
  • U.S. debt to GDP ratio up over 100% since we entered the new monetized  millennium.
  • Anemic to flat-line average Real GDP growth throughout the new monetized millennium.
  • As for the new millennium inflation results, take a peak at the chart below, it will blow your mind..."
at http://www.zerohedge.com/news/2014-10-04/monetized-new-millennium

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