The UNITED STATES is in Serious debt, US national debt has surpassed $14 trillion allegedly.
The United States is in serious debt but the latest numbers show the US national debt has surpassed $14 trillion. From June, 2010 until the end of the year the US racked up another trillion dollars worth of debt. Economist Michael Hudson says the important thing to realize is the government doesn't borrow money it creates it, the whole issue of whether the US has a debt problem is largely fictitious.
This was published in 2010. The national debt NOW is close to $17T.
ReplyDeleteA Boston Professor, his name escapes me at the moment, claims that the United States debt is actually more in line of $200 Trillion dollars!!! WOW, how ON EARTH could that possibly be PAID OFF? If NO GOVERNMENT HAS EVER PAID OFF THEIR DEBT, then why do we keep speaking about it?
ReplyDeleteBest declare war on whoever you owe the debt Mr Obama! Now that does not leave many countries left in the world maybe you can declare war on the people responsible for all of this the "BANKSTERS", Oh that's right you are one of them. Sorry.
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