Posted on 02/24/2010 7:18:44 PM PST by optiguy
Country Comparison :: Current account balance This entry records a country's net trade in goods and services, plus net earnings from rents, interest, profits, and dividends, and net transfer payments (such as pension funds and worker remittances) to and from the rest of the world during the period specified. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
Still broke if you use the gold we have our debt is way more.
Maybe the taxpayers should be apprised of CAFR: Comprehensive Annual Financial Report (read about in an earlier thread....)
which may prove that the fed AND state gov’t, with all their crocodile tears over “no money”, would be found to be keeping TWO sets of books; One-they invest with, the Second, they use to fool the taxpaying public into thinking they’re broke and need to raise taxes.
Tea Parties, Facebook, Twitter and the internet should be used as OUR tools NOW to spread this “extortion of revenue from the public”.
Back in the good old days they'd go in there and haul gold bullion around to "balance" international accounts.
The gold balanced the accounts; it's still in America.
Most people simply have no idea what a dominant position this country has when it comes to gold. We've got ours. We've got theirs too!
As Mel Brooks said "It's good to be the king".
No problem with those either.
*
It’s official .............
The only thing that I find shocking is that we need the CIA to tell us this.
Oh that’s not true: I also find it shocking that so many of our leaders don’t care....
I wonder why it has the European Union as so high and then most of the countries in the EU are so low
...and in other news, Obama has passed Jimmy Carter as the Worst.President. EVER. Film at eleven.
How much will Japan give us for Alaska? (and Pearl Harbor?)
Hey wait a minute... isn’t all that gold hollowed out and filled with peanut butter, or tungsten or somethin???
It doesn’t take a spy agency to figure this one out!
If Obama sells Alaska back to the Russians to settle our debt, is Palin still a Natural Born citizen of the USA??? uh oh....
Mugabe, Obama’s hero, pretty much sold Zimbabwe to Libya for oil.
What????? That’s for the camps!
This entry records a country's net trade in goods and services, plus net earnings from rents, interest, profits, and dividends, and net transfer payments (such as pension funds and worker remittances) to and from the rest of the world during the period specified. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
Rank country Current account balance Date of Information
[...]
190 United States $ -380,100,000,000 2009 est.
I’ll emphasize that it’s “calculated on an exchange rate basis.” ...takes some of the wonder of it all. Granted, we can do fine with that to some extents on trade for civilian wealth. But one problem that it presents for us, is that they don’t need to spend US dollars on military hardware or to spend it on US contractors.
Is all the land, buildings, equipment both civilian and military the gov’t owns taken into account and valued as assets to offset liabilities?
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