Right now, debt doesn't even make the top 5 list for issues facing this market or the human race. Hell, not even the top 10.
Other than a few times during the Clinton years can you name a time we haven't had YUGE debt? (fwiw, I despise the Clintons almost as much as I do the trumps)
I've been around awhile and the drivel you now speak was the same drivel being spewed during the financial meltdown. That "the sky is falling" nonsense is old.
Hide and watch? Never! I like my life and I'll enjoy it to the fullest for as long as I can.
Look at it this way...if what you say is true or coming true, is that anything you or I could do about it? Was that a no I heard? Well then why stress about it? Time wasted, not to mention the health issues caused from it. Just my two cents. I'm done here...
Good point:
For starters look at Warren's classic debt/GDP. We are way overboard, chief. Goners we are, gluttons of the 3rd type. Debt/GDP is a foreteller, not necessarily a market timing tool but it does warn that conditiions are getting riper and riper for the axe to fall. TA then does the timing.
Dyin ain't much of a livin, boy!
Holy sh*t!From the US govt website
Tom, look at this one, Overnight did not think much of it, he has his own reasons, maybe you might discard it too. But it does mean a lot to me as it shows clearly that the excesses and greed of the Great Depression Era are puny compared to that of today. hen ce the massive debt/gdp ratio tht is bound to cripple bigtime

I'd venture to say that their rear ends have the twinkle as they walk bow-legged to work daily.