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Olduvai III: Catacylsm
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Weekly Commentary: Q3 2017 Flow of Funds

Weekly Commentary: Q3 2017 Flow of Funds In nominal dollars, Total U.S. System (Non-Financial, Financial and Foreign) borrowings expanded $1.007 TN during the third quarter to a record $68.012 TN. Total Non-Financial Debt (NFD) rose a nominal $732 billion during the quarter to a record $48.635 TN. It’s worth noting that NFD has expanded 46% […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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