PDA

View Full Version : Martenson: Flow of Funds



WildspitzE
09-17-09, 04:43 PM
Flow of Funds Analysis
http://www.chrismartenson.com/blog/flow-funds-analysis-big-declines-credit-market-debt-except-government/27767

Some interesting reading -- short too....

"However, as many outside of the main economic echo chambers have already divined, it may simply be that there is a "new normal" out there that does not include a return to the former trajectory of borrowing. If so, then the government attempts to "plug the gap," while crossing their fingers and waiting for everyone to get back in the race, will fail.

I have resolved myself to a new normal, a much lower normal, and my main concern centers on whether the government will arrive at the same conclusion before the dollar is ruined, or after."