The public debt continues to grow. We show the latest numbers below. It is now well above $12 trillion and growing.
The interesting observation is to look at the rate of change. We do this below by plotting the 10 day moving average and the 120 day moving average.
We are now averaging a rate of increase at almost 50% per annum. This is an unsustainable level. Again we would argue that only through organic growth via private industry will we ever see this change. The current Administration fails to see or appreciate this and the result will most likely be an inability to sell the growing debt.
The interesting observation is to look at the rate of change. We do this below by plotting the 10 day moving average and the 120 day moving average.
We are now averaging a rate of increase at almost 50% per annum. This is an unsustainable level. Again we would argue that only through organic growth via private industry will we ever see this change. The current Administration fails to see or appreciate this and the result will most likely be an inability to sell the growing debt.
Posts
