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Friday, May 22, 2009

A Federal Debt Road Trip:1900-2016

A very nice (and funny) video on the evolution of the federal debt (different from national debt, which includes debts from the states and private debt). According to the video, Obama administration will be increasing the federal debt at "174 mph", almost tripling the speed of Bush Administration. No wonder Bill Gross is worrying about the US government may lose AAA rating.