To: RightWhale
The U.S. is over 8 trillion dollars in the hole. $8,000,000,000,000. Eight million billion.
If you were 100,000 thousand dollars in the hole, would you be considered solvent?
Solvent? By whose standards?
11 posted on
03/02/2006 5:26:05 PM PST by
Supernatural
(Lay me doon in the caul caul groon, whaur afore monie mair huv gaun)
To: Supernatural
Aha! An understanding of the nature of capital in the Industrial Age is in order.
13 posted on
03/02/2006 5:29:35 PM PST by
RightWhale
(pas de lieu, Rhone que nous)
To: Supernatural
By the standard of a 14 TRILLION dollar annual economy. Leave the Econ to the people with brains. You are obviously way out of your league. We will ping you for the NASCAR thread.
15 posted on
03/02/2006 5:32:05 PM PST by
MNJohnnie
("Good men don't wait for the polls. They stand on principle and fight."-Soul Seeker)
To: Supernatural
The U.S. is over 8 trillion dollars in the hole. $8,000,000,000,000. Eight million billion.
I could be wrong, but I think that it would be eight THOUSAND billion. Only off by a factor of 1,000.
To: Supernatural
"The U.S. is over 8 trillion dollars in the hole. $8,000,000,000,000. Eight million billion.
If you were 100,000 thousand dollars in the hole, would you be considered solvent?
Solvent? By whose standards?"
If you were making $120,000 do you think you could manage an $80,000 low interest loan? If you couldn't, you'd probably never buy a home. Our GDP is nearly 12 trillion dollars and we're carrying 8 trillion in debt, we'll be fine.
33 posted on
03/02/2006 6:18:20 PM PST by
Blackyce
(President Jacques Chirac: "As far as I'm concerned, war always means failure.")
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson