Finance Geek

In a recent Wall Street Journal/NBC poll, 49% of Americans said they were concerned a great deal about federal deficits and government involvement in the economy.
America’s gross government debt is expected to climb from 62% of national income to 106% by 2015 — a level not seen since the aftermath of World War II. Meanwhile, gas price volatility is in full swing.
If Americans are worried by this mounting debt and the cost of energy, imagine how those lending us the money must feel.
Treasury Secretary Tim Geithner likely got a sense when he visited China in early June. China…

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This entry was posted on Friday, July 10th, 2009 at 1:04 pm and is filed under RealClearMarkets. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.