Tick..Tick...Tick....

Discussion in 'Economics' started by daddyeaux, Jun 11, 2008.

  1. the BKX is sensing the firing squad is lining up

    GOVERNMENT DEBT

    Federal Debt: $9 TRILLION

    State & Local Debt: $2 TRILLION

    Total Government Debt: $11 TRILLION

    UN-FUNDED, OFF BUDGET DEBT $62 TRILLION

    PRIVATE DEBT

    Household Debt: $13 TRILLION

    Business Debt: $9 TRILLION

    Financial Debt: $14 TRILLION

    Foreign Debt: $2 TRILLION

    Total Private Debt: $38 TRILLION

    SUM TOTAL DEBT

    Government Debt: $11 TRILLION

    Private Debt: $38 TRILLION

    Unfunded Debt: $62 TRILLION



    Total Debt: $111 TRILLION
     
  2. That is a fuc*in BIG number!pS
     
  3. C- kid

    C- kid

    I don't think that can be paid

    I think we need to reset that debt to zero

    why don't we just kill 10 or so elite families that pushed this debt on us

    and we can start fresh

    lets vote on this
     
  4. Fed could give everyone taxable $10,000 'tax-rebate' check via direct deposit. Debt would cease to exist. Debt holders would be wtf?
     
  5. Those numbers are low.

    Medicare alone is 56 trillion.