• 856 days Will The ECB Continue To Hike Rates?
  • 857 days Forbes: Aramco Remains Largest Company In The Middle East
  • 858 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,258 days Could Crypto Overtake Traditional Investment?
  • 1,263 days Americans Still Quitting Jobs At Record Pace
  • 1,265 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,268 days Is The Dollar Too Strong?
  • 1,268 days Big Tech Disappoints Investors on Earnings Calls
  • 1,269 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,271 days China Is Quietly Trying To Distance Itself From Russia
  • 1,271 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,275 days Crypto Investors Won Big In 2021
  • 1,275 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,276 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,278 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,279 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,282 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,283 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,283 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,285 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

  1. Home
  2. Markets
  3. Other

The Result of 35 Years of a Paper Global Monetary System

I'll skip the thousand words - the picture says it all.

 

Total US Debt / Sum of US Nominal Physical and Human Capital*
%

*Human capital is defined as capitalized value of educational and research expenditures.

 

*Paul Kasriel is the recipient of the 2006 Lawrence R. Klein Award for Blue Chip Forecasting Accuracy

Back to homepage

Leave a comment

Leave a comment