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I track the U.S. national debt clock at usdebtclock.org.
Within the last few weeks, I noticed the following trend changes.
1) National debt to GDP rate is accelerating.
2) U.S. Total debt is now growing, it was going down due to private sector deleveraging.
3) Household and total national assets are now shrinking. Is this reflecting declining RE values?
I don't know the accuracy of the clock, I figure it is in the ball park.
When an adjustment is made does the clock slew or jump to the new value?
Within the last few weeks, I noticed the following trend changes.
1) National debt to GDP rate is accelerating.
2) U.S. Total debt is now growing, it was going down due to private sector deleveraging.
3) Household and total national assets are now shrinking. Is this reflecting declining RE values?
I don't know the accuracy of the clock, I figure it is in the ball park.
When an adjustment is made does the clock slew or jump to the new value?
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