Posted on 12/21/2011 8:27:11 PM PST by RKBA Democrat
With precisely one year left for the world and all of its inhabitants, at least according to the Mayans, not to mention on the day of the Winter Solstice, it is only fitting that US debt, net of all settlements for all already completed bond auctions, is now at precisely $15,182,756,264,288.80. Why is this relevant? Because the latest annualized US GDP, according to the BEA, was $15,180,900,000.00. Which means that, as of today, total US debt to GDP is 100.012%. Congratulations America: you are now in the triple digit "debt to GDP" club!
(Excerpt) Read more at zerohedge.com ...
That’s good!
The AP will find it ‘unexpected’...
Yup.. A black liberation theology temper tantrum. All I can say is, I hope there’s no immunity for her avaricious crimes. She’s setting the progress of black consciousness back a hundred years.
It made me laugh.
Welcome to the Third World!
At least the spending on WWII accomplished something.
The Kenyan Idiot has blown America’s finances out the door, and the only thing he has to show for it is a monstrous debt and (STILL) 9% unemployment.
Adjusted for inflation, every $5T in 2011 dollars represents the amount spent on WWII. So we are 3 WWII’s in debt.
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