Bitcoin Breaks $100 Usd

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We went into debt though less for projects and more towards entitlements. Our wars were less against countries and more towards combating terrorism although the costs were no less crucial. We have certainly had our share of state takeover of personal debts. The bailouts of 2008-2009 moved private debt towards people. More surreptitiously, the unofficial financial arm among the government (the Fed), has undertaken a tremendous acquisition of public and debt since 2008 for the tune of trillions. Most of the private debt is by the form of home loans. This Fed action does not allow rational pricing in market trends and does distort industry.