Household deleveraging is a very healthy indicator – Scott Grannis – Calafia Beach Pundit
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The growth of government – – Scott Grannis – Calafia Beach Pundit
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Trillion-Dollar Pension Crisis Looms Large Over America – By Paul Ingrassia and Imogen Rose-Smith – the parallels of GM and California – Institutional Investor
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"Passage Of The Healthcare Bill Means The Double-Dip Is Coming" – Market Insight From Permabull Jim Cramer Who Just Turned Bearish – Submitted by Tyler Durden – Zero Hedge
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A Realistic Look at America’s Debt – Praveen Ghanta – asks 4 major questions – … While the US might be capable of borrowing $20 Trillion, at that point only 60% of revenue would be available for government programs. Since the government is currently spending 180% of revenue on programs, it’s unlikely that it would be able to reduce spending on government programs by almost 70%. It’s most likely that a combination of taxes, spending cuts, and inflation will have to be used to keep debt at sustainable levels at that point. … – Seeking Alpha