They say a picture paints a thousand words. Well this picture paints very clearly the American Economy for the last 30 years.
Ever decreasing Bond Yields which = EVER EXPANDING DEBT.
The chart below shows that interest rates have been decreasing by approximately 0.5% every 2 years. Put simply, As the price of debt becomes cheaper more is created and then spent, and that effectively is the economy.
FULL STORY
