What's wrong with this picture?

The US Treasury’s 2012 debt/income ratio was almost 800%.
Our Treasury has too many bonds that it has to service and pay off.
Our Treasury is facing a financial crisis.

Chase Bank’s 2012 debt/income ratio was three times larger than Treasury’s ratio!
But Chase Bank is trying to get more CDs to service and pay off!
And Chase’s stock is expected to soar!

Of the two, guess which can print money!

Shouldn’t taxpayers fire Congress for distorting the financial analysis?

Philip H2014-01-03T13:47:51Z

Favorite Answer

And Chase can get income from taxing you.
Not the Same Thing.

01

Pragmatism Please2014-01-03T12:30:50Z

It's not just the bull and the bear that live in the spirit world. Political expediency is right there at their side.

10

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