America’s Total Debt Report – Update 2005

America has become more a debt ‘junkie’ than ever before
with total debt of $40 trillion, or $136,479 per man, woman and child.

66% ($27 trillion) of this debt was created since 1990,
a period primarily driven by debt instead of by productive activity.

BIG PICTURE
$40 TRILLION of DEBT in America, and rising rapidly.
The economy is 2-3 times more debt-dependent – –
with $23 Trillion DEBT EXCESS compared to prior debt ratios