| With all the talk of the recession, here are some | | | | payments. |
| interesting debt statistics that give you an over view | | | | · Total U.S. household assets were $62.5 trillion in |
| of how bad the situation really is. | | | | 2005. This included real estate, equipment, and |
| · Total U.S Consumer Credit Card revolving credit | | | | financial instruments like mutual funds. |
| debt was $937.5 billion in November 2007. | | | | · The U.S. balance of trade deficit in goods and |
| · U.S. official gold reserves are worth $261.5 billion as | | | | services was $725.8 billion in 2005. |
| of March 2008. | | | | · Global market capitalization for all stock markets |
| · The Strategic Petroleum Reserve is at $67 billion | | | | was $43.6 trillion in March 2006. |
| at a Market Price of $104/barrel with a $15/barrel | | | | · Net interest on public debts in the fiscal years of |
| discount for sour crude. | | | | 2007 and 2008 was estimated at around $239 billion. |
| · Foreign exchange reserves are at $63 billion. | | | | This was estimated to be about 9.5% of |
| · The national debt, as of February 2008, was | | | | government spending. |
| $30,400 per person U.S. population. That equated to | | | | As you can see from this information the recession |
| about $60,100 per head of the U.S. working | | | | ahead could be long lasting and it is everyone’s |
| population. | | | | responsibility to take action to survive the current |
| · At the time of writing, estimates put the national | | | | crisis. You can find out how to protect yourself and |
| debt at $37,000 each for every man, woman and | | | | your family, and come out of the current crisis in a |
| child in the United States. | | | | stronger situation with this new ebook Surviving the |
| · Total U.S. household debt was $11.4 trillion in 2005. | | | | Debt Crisis. |
| This included mortgage loan and consumer debt | | | | |