A recent Bloomberg Chart of the Day highlights a Debt Super Cycle that our economy is about to enter in the near future. The amount owed on our national debt will be greater than our 2012 GDP. One economist noted that interest rates on government debt will have to rise in the long term to attract investors.
To read the Bloomberg Chart of the Day, please click here:
http://www.bloomberg.com/apps/news?pid=20601109&sid=aa0cI64Gx.4E&pos=15
Jim Sutliff