NOTE: this blog is no longer active as of 12/07. New one: http://blog.kirchhof.com
Quidquid latine dictum sit, altum viditur.
Remember back when we were the world's largest creditor nation? Before Reagan and the "Republican Revolution?" Back before the so-called "Conservative" brand of "Fiscal Responsibility" took over?
Want to see something shocking? Have a look at the CIA World Fact Book's tally of the world's balance sheet. Now find our country on it.
Those, by the way, are 2005 numbers.
Posted at 10:30 by Randy Kirchhof [Permalink] [Reload all] [E-mail]