Hey my surname may be Flaherty but we’re in the US and what’s in a name anyway? (not much in my case).

pat

Have you ever tried running those charts on a per capita basis, using the US Census estimated/interpolated population estimates? There are a lot more people here in the USofA as of 2008 (~308M) when compared to 1930 (~123M).

I’m thinking that the character of the national economy has changed a lot since the early part of that chart, and that a further normalization to total debt/GDP/population might be more meaningful. I would suggest total debt per capita, but you lose out on the removal of inflation factor via the debt/GDP ratio, and I think that including the GDP allows one to take account of the changing character of the national economy, from agrarian to manufacturing to services economies across the years.

Just wondering.

I used to think conspiracy theories were the domain of kooks and imbeciles who couldn’t see the more subtle social-psychological-cultural mechanisms at work. But now, it looks like conspiracy theories are becoming the simplest and clearest explanation for current events. It’s getting harder and harder to see this any other way.”

Well said. That’s exactly the way I’m seeing things. I’ve been coming around to this over the last six months or so. I only wish I’d seen things more clearly before and trusted my own instincts and gut feelings instead of swallowing the B.S. shoveled out by the mainstream politicians, economists, etc.

I used to think conspiracy theories were the domain of kooks and imbeciles who couldn’t see the more subtle social-psychological-cultural mechanisms at work. But now, it looks like conspiracy theories are becoming the simplest and clearest explanation for current events. It’s getting harder and harder to see this any other way.