• church1
    $20 Trillion of Government debt is much LESS than total private debt in the US
    The Next Economic Disaster:
    Why it is coming and how to avoid it
    Buy the Book from Amazon
  • church1
    A Financial Crisis can be Predicted by a Rapid Increase of Private Debt
    The Next Economic Disaster:
    Why it is coming and how to avoid it
    Buy the Book From Amazon
  • church1
    China's Private Debt Growth is The Most in History
    The Next Economic Disaster:
    Why it is coming and how to avoid it
    Buy the Book from Amazon

Credit expert Richard Vague argues that to understand the current performance of the economy, a closer look should be made of the ratio of private debt to GDP, which is a greater determinant of economic trends then government debt.