With the current financial crisis many people blame Wall Street and the “greed” factor for the fact that the economy seems to be hitting the wall. However, that’s only part of the picture. America has been living on the financial edge for quite some time. The federal government has accumulated $52,700,000,000,000 Dollars of dept and committed financial obligations, roughly US$455,000 for every household. The average household income is about 1/10 of that.

Total Federal Burden
$52,700,000,000,000

Every American’s Share
$175,000

So it’s time to save some cash. It has gotten so bad that, that more and more people are trying to create more awareness and do something about it. There is even a movie about it, supported by people like investor Warren Buffett.

Download yourself the citizens guide to understand more about this.