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Welcome and thank you for visiting!

The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

N.B.
* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
* My posts are also re-published by several other websites and I have no control as to when their editors do so, or for the accuracy in their editing and reproduction of my content.
* In answer to this often-asked question, please be advised that I do not post articles from other writers on my site.
* From time to time, I will add updated market information and charts to some of my articles, so it's worth checking back here occasionally for the latest analyses.

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...please read my full Disclaimer at this link.

Dots

* If the dots don't connect, gather more dots until they do...or, just follow the $$$...

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Wednesday, September 05, 2012

U.S. National Debt Surpasses 16 Trillion Dollars

The U.S. National Debt has now surpassed the 16 Trillion Dollar mark. That translates into $140,017 debt per taxpayer...and increasing every minute.

This is the result of your taxpayers dollars hard at work to support a Congress/Senate that does nothing about it. What is being done about it?...Mr. Bernanke is thinking of adding more debt in the way of stimulus to assist the markets. Good for the economy?...how can it be, particularly with the rest of the world economies slowing down?...he'd have to fund the rest of the world, too. Will it solve the debt crisis?...how can it? This seems like a recipe for disaster, does it not?

Get your checkbooks out and be ready to pay when asked...