[startuprules]

Actually, the pink elephant in the room is the huge corporate debt - total domestic debts at 7.2 Trillions.

"American companies are not in robust financial shape. Federal Reserve data show that their debts have been rising, not falling. By some measures, they are now more leveraged than at any time since the Great Depression.

Central bank and Commerce Department data reveal that gross domestic debts of nonfinancial corporations now amount to 50% of GDP. That's a postwar record. In 1945, it was just 20%. Even at the credit-bubble peaks in the late 1980s and 2005-06, it was only around 45%."

http://www.marketwatch.com/story/the-biggest-lie-about-us-co...