CNBC has a great slide show displaying the physical size of $1 Trillion. Definitely something to keep in mind as we watch our political leaders propose new spending programs while failing to manage existing inefficiencies and financial waste. A great visual tool for any age, and perhaps a good starting point for conversations with children about spending and fiscal discipline in our country.
Will our economy experience inflation or deflation first? Which will have the greatest impact? You decide.
Commentary regarding the importance of China and other foreign investors continuing to buy America’s debt and the associated geo-political risks of America’s massive federal deficit.