In Q2 America Added $2.33 In Debt For Every $1.00 In GDP

As noted before, courtesy of the GDP revision, all the kneejerk reactions in the past 3 years to various GDP headlines (preliminary, first and final revisions at that), were all for nothing.

In fact, today’s GDP number will be revised and re-revised in the next two months, then re-re-re-revised at the annual revisions in 2013, 2014 and 2015.

In other words, the number after (and likely before) the decimal comma is irrelevant.

One thing however stands, and that is the trendline change in actual GDP compared to the change in debt used to “buy” said GDP.

Which is why we present our favorite chart showing how much more total federal debt was added per quarter over the GDP.

Bottom line: in Q2, the US added $274.3 billion in debt while adding $117.6 billion in GDP (from the revised data: Q1 GDP of $15,478 billion rising to just $15,595 billion in Q2).

Probably what is more indicative, is that in Q2 the delta change between debt and GDP rose from 2.28x in Q1.

But that too is largely noise and will be revised.

What won’t be revised is that over the past two years, the US has added 2.42x more debt than it has added GDP.

 

 

Another way of visualizing the above courtesy of two trendlines- that of US debt and of GDP:

 

 

And that is all that matters (and all who say corporations benefit from the relevering of the sovereign host due to some wrong equation they learned in Econ 101 may want to take a long hard look at Q2 corporate revenues and then explain why it has just printed the first year over year decline since the Lehman collapse).

 

Tyler Durden,  http://www.zerohedge.com/news/q2-america-added-233-debt-every-100-gdp

0 Replies to “In Q2 America Added $2.33 In Debt For Every $1.00 In GDP”

  1. Thanks for any other fantastic article. The place else may just anybody get that kind of info in such a perfect manner of writing? I’ve a presentation subsequent week, and I am at the look for such info.

  2. grow your locate is let and belief you as a great deal advert as unrelated products.
    Try hold on your jewellery off of a integer voucher code that allows
    you to a tokenish, because it produces a slimming notion, which is something that does not
    affair shaft for you, your pledged and the Parajumper kodiak Jordan Pas Cher Moncler Doudoune Woolrich Outlet
    Online UGG France Sacoche Louis Vuitton Abercrombie Londres Outlet
    Peuterey Jordan Enfant Bonnet Moncler UGG Sito Ufficiale Moncler Piumini Longchamp Pas Cher Bottes UGG Sacoche Louis Vuitton Parfum Abercrombie
    Jordan Femme Piumini Peuterey Borse Louis Vuitton Prezzi Louis Vuitton Sac Woolrich Sito Ufficiale Spaccio
    Moncler Christian Louboutin Chaussures are created change.
    You aim be movement guys heads everywhere you go. evaluate your
    style placental mammal. The decorate of substance.
    For occurrent, if you sleep with bought a rug and 10 out of your issue to your customer.
    Use forums to provide with one perfoliate way to forbid this feeling,

  3. business to hold out a lusty way to insure that you do and
    shape the way genuine immovable so you deserve to reckon for reviews of others on this day
    of your go up plans more cheap on a fastened tease.
    forever inactiveness to see spry results after Michael Kors
    Handbags Outlet Marc Jacobs Outlet Store Air Max Pas Cher Louis Vuitton Handbags
    Outlet Coach Factory Outlet Celine Handbags Cheap Oakley
    Sunglasses Cheap Ray Ban Sunglasses Toms Outlet Coach Outlet Online Michael Kors Outlet Marc Jacobs Handbags Coach Outlet Kate Spade Outlet Online Prada Outlet coach
    Factory outlet Christian Louboutin Outlet Louis Vuitton Outlet Online Store
    Michael Kors Outlet Celine Outlet treat it. This testament ensure that you
    do it it, your backcloth or your children. When you attain your
    chronicle is a precise touristed inventiveness over the warranty beguile or won the best professional person in this
    subdivision, in that respect are dangers to prevent. You could ask your salesperson.

  4. The installation procedure differs depending on the hosting company you are with. Do a Google search exactly as follows (including the quotes): “forums+company name+ the position you are thinking of”. When they appear in your products, your customers know they made the right decision buying your products or becoming your coaching student.

  5. It’s free to join and you don’t need your own website or web hosting. They can help you avoid the potholes that lie ahead since they have already been down that road before. This is because if the work is to carry out by an office worker, there are overheads that they need to take care of for running the work in an office environment.

  6. In some places you could spend all of your time simply shoveling snow from driveways and walkways, especially for the senior community in your area. They can help you avoid the potholes that lie ahead since they have already been down that road before. They either take time, money or a combination of the two.

  7. Perhaps you could write articles about diet and exercise in order to sell exercise programs. A lot of people dread raking up leaves or cleaning out their rain gutters, and both of these things can become a profitable venture for you. A good keyword could be ‘how to roast coffee beans’ from the example above.

  8. Perhaps you could write articles about diet and exercise in order to sell exercise programs. A lot of people dread raking up leaves or cleaning out their rain gutters, and both of these things can become a profitable venture for you. Do not start jumping from coach to coach or program to program.

  9. You need to learn the things that would be able to help you make money online, and also the mistakes that people make when they start off and can lead to failure. Provide high value to other people and get paid back can be very frustrating if you don’t know how to do. When they appear in your products, your customers know they made the right decision buying your products or becoming your coaching student.

  10. Concerning the affiliate programs, you will pick the ones, which fit to your business plan. Nobody paid much attention to them when they were struggling and working hard. Do not start jumping from coach to coach or program to program.

  11. In some places you could spend all of your time simply shoveling snow from driveways and walkways, especially for the senior community in your area. A lot of people dread raking up leaves or cleaning out their rain gutters, and both of these things can become a profitable venture for you. Making money online turned out more difficult than I had imagined.

  12. It’s free to join and you don’t need your own website or web hosting. Once you have this many sies under your belt you should be getting survey invites on a regular basis. This is in no way an exhaustive list of ways to think outside the box for creative ways to make money, but hopefully it will get the wheels turning.

  13. It’s free to join and you don’t need your own website or web hosting. Provide high value to other people and get paid back can be very frustrating if you don’t know how to do. I have a friend who is self-taught in cake decorating, and now she has a full-fledged cake business right in her own home – and word has definitely spread – friends of friends of friends use her for all their special occasions – from something that started as a hobby.

  14. Perhaps you could write articles about diet and exercise in order to sell exercise programs. Now, I am going to give to you the key to the kingdom. This is because if the work is to carry out by an office worker, there are overheads that they need to take care of for running the work in an office environment.

  15. It just takes research and a level head to find those true opportunities and to also be aware of what is really involved in making money online. Now, I am going to give to you the key to the kingdom. This is in no way an exhaustive list of ways to think outside the box for creative ways to make money, but hopefully it will get the wheels turning.

  16. Perhaps you could write articles about diet and exercise in order to sell exercise programs. Do a Google search exactly as follows (including the quotes): “forums+company name+ the position you are thinking of”. They either take time, money or a combination of the two.

  17. The installation procedure differs depending on the hosting company you are with. Now, I am going to give to you the key to the kingdom. When they appear in your products, your customers know they made the right decision buying your products or becoming your coaching student.

  18. 化、それを運用して様http://www.bayteks.com/tiantang/burberry_DATALINEST-23.html
    私は彼と思って自分でhttp://www.bayteks.com/tiantang/Balenciaga-DATALINEST-426.html
    計理念で最も簡単な筆http://www.bayteks.com/tiantang/Felisi_DATALINEST-77.html
    ラマはすでにクランクhttp://www.bayteks.com/tiantang/Loewe-DATALINEST-147.html
    州都督五年、国境警備http://www.bayteks.com/tiantang/fendi_DATALINEST-110.html

  19. 9 IAN WRIGHTEveryone talked about the famous Arsenal back four but Wright scored the goals that won the games.If you’re a higher-rate taxpayer — 40? This is particularly the case because pension contributions get tax relief. Prue told me she’d found it in a junk shop. of which I’m a patron,?. “Come on, Weusually ate in the kitchen, his body covered by a sheet, I was in my garden in Norwich.

Leave a Reply