The Worst Of All Worlds….Spending On The Rise, And Assets In Demise

Posted By on September 22, 2010

Next up….Currency evolved hyper inflation caused by the Fed’s actions to save the world, as the dollar becomes worth much less and commodities without debt attached go vertical (such as food, gold, silver, farm land etc.).   The only real question seems to be when, not if.

 In the U.S. we are trying to work through the legacy of accumulating lots of debt. Consider this lamentable fact: 14% of all residential mortgages are either in delinquency or foreclosure.

US Mortgage Delinquencies

Commercial real estate loans are in a similar state of distress.

Delinquent Commercial Real Estate Loans

At the same time, US government spending is going vertical.  It’s the worst of all worlds!

Outstanding Federal Government Debt

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