U.S.’s $13 Trillion Debt Poised to Overtake GDP: Chart of Day

We've been talking about this for years. But, honestly, this will not be viewed as a problem until the debt auction have to be monetized.

President Barack Obama is poised to increase the U.S. debt to a level that exceeds the value of the nation’s annual economic output, a step toward what Bill Gross called a “debt super cycle.”

Source: bloomberg.com