There are a couple of news article links I just collected:

Elderly see debt grow to new high
Bankruptcies head for record
Is it debt, or is it an education investment?

Economy is said to be in recovery, but is it really? How come Americans have more debt than ever? Is it just US ...? I'm afraid not. We have more and more debt than ever; isn't this one of bigger social problems today?

The "richest country in the world" has trillions of dollars of debt. Yes this is a pretty interesting oxymoron. It just goes to show you the basis of our society - BS. Just like we gave indians a lot of land, a "great deal".... ya ... well, interestingly enough we will continue to accrue debt until someone stops us. Or we stop ourselves. What a great example for the rest of the world, and our children.