If Everything Is so Great then Why Is Everyone so Worried? — U.S. Money Reserve

Seventy years later, Murphy’s Law is still used to adequately characterize everything from a bad day to a twist of fate. But can this simple adage be applied to the current economy?

So is something about to go wrong? Wall Street, consumer spending, and the housing market have been kept afloat by historically low interest rates, and there’s understandable concern when the decision to NOT lower rates even further triggers a sell-off.

U.S. debt is another economic albatross. Current debt is approaching $22.5 trillion, and officials are warning that since the government hit its debt limit in March and has depleted various extraordinary measures, we could run out of cash by early September.

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