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To: ClearCase_guy

If you take the 14T national debt and divide by the 288,000,000 ounces they say there is you get abt 49,000 dollars per oz.

But they just bumped the limit, so if you take 16.8T and do the math you get about 58,000 dollars per ounce.

And these numbers for debt are not counting the unfunded liabilities like SS, etc.


10 posted on 08/04/2011 9:26:49 AM PDT by djf (One of the few FReepers who NEVER clicked the "dead weasel" thread!! But may not last much longer...)
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To: djf

Thanks. That’s even higher than I feared.


13 posted on 08/04/2011 9:28:50 AM PDT by ClearCase_guy (The USSR spent itself into bankruptcy and collapsed -- and aren't we on the same path now?)
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