The Federal Reserves Balance Sheet

In 20 11, a little over ten years ago, the us was at about 80 % debt to g d p. Now it's more than 100%. We were pretty close to the healthy guide line of 77% back in 20 11. The only reason that i think we feel so calm about things is we look around and go, everybody lse e te ies te party too. Nobody's leaving this drunken partyWe're at. And you can see it doesn't matter. Any of developed countries, central bankers are really loading up those balance sheets with money. It's a scary, uncharted area.