A Comment About

How Bad Is the National Debt, Really?

February 21, 2008 - 12:00 am - by Charlie Martin
mac
2008-02-21 06:16:00

Looking at the US Real Adjusted Net Worth per Capita in terms of the US Real Adjusted Net Worth per Capita in US dollars is a myopic viewpoint.

One of the major impacts of the growing US debt and war is the fall of the US dollar.

When you factor in that the dollar is worth less that 70% less, in terms of Euros, than it was when the war started, then the US Real Adjusted Net Worth per Capita had dropped significantly in the past five years.