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Author Topic: Grats USA!! Great milestone!!! [Locked]
Kamdar  1 star
Posts: 147
Registered: 2001-10-7 05:01:29
http://www.zerohedge.com/news/us-closes-2011-record-1522-trillion-debt-officially-1003-debtgdp

While not news to Zero Hedge readers who knew about the final debt settlement of US debt about 10 days ahead of schedule, it is now official: according to the US Treasury, America has closed the books on 2011 with debt at an all time record $15,222,940,045,451.09. And, as was observed here first in all of the press, US debt to GDP is now officially over 100%, or 100.3% to be specific, a fact which the US government decided to delay exposing until the very end of the calendar year.

Lets go for 200%!!

 

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Obama '11 " Congress NOT raising the debt ceiling shows the utter failure that is the
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Moe_Nox  4 stars
Title: In Moe We Trust
Posts: 1,962
Registered: 2007-2-4 12:17:56
Obama will get my vote when he prints one big fat '15 trillion dollar bill' to pay off our debt.

 

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The Nanny State cometh
Currency should be bacon cheeseburgers and blow jobs... - Reese
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Brother_Tempus  3 stars
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
Kamdar posted:

http://www.zerohedge.com/news/us-closes-2011-record-1522-trillion-debt-officially-1003-debtgdp

While not news to Zero Hedge readers who knew about the final debt settlement of US debt about 10 days ahead of schedule, it is now official: according to the US Treasury, America has closed the books on 2011 with debt at an all time record $15,222,940,045,451.09. And, as was observed here first in all of the press, US debt to GDP is now officially over 100%, or 100.3% to be specific, a fact which the US government decided to delay exposing until the very end of the calendar year.

Lets go for 200%!!



 

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Abaddon_Ambrosius  4 stars
Title: Retired Theurgist TL
Posts: 1,674
Registered: 2001-12-21 09:51:39
USA's Balance Sheet posted:


 

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Friarspam  3 stars
Posts: 638
Registered: 2007-1-23 07:01:27
But...but...but, I thought that the answer was to SPEND MROE MONEH?!?!

/boggle, I says, boggle!

 

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Kordirn  4 stars
Title: Pirate Prince
Posts: 1,513
Registered: 2004-4-19 01:15:26
Friarspam posted:

But...but...but, I thought that the answer was to SPEND MROE MONEH?!?!

/boggle, I says, boggle!



The real way to fix the deficit is to give more tax breaks, and go to war with iran.

 

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ooOooo oOoOO OOo
RHWarrior  3 stars
Posts: 770
Registered: 2009-9-30 18:42:12
This is whay you get when you let Capitalism reign free and unchecked, with your head in the sand!!

Or should I say, unchecked capitailsm tightly integrated with a government that tries to please left+right (cause that's the only point of view you Yanks can fathom, simplistic ideology) at the same time.

What a mess.
Now if only it was your mess only and you could contain it in your local nuthouse, and not let it spill across your borders.

 

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Moe_Nox  4 stars
Title: In Moe We Trust
Posts: 1,962
Registered: 2007-2-4 12:17:56
Government intervention to bail out failing companies is NOT capitalism.
Artificially maintaining such is simply delaying the pain.

 

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The Nanny State cometh
Currency should be bacon cheeseburgers and blow jobs... - Reese
Life at the Outpost: http://www.collegehumor.com/video:1771556
Grymlo  2 stars
Posts: 415
Registered: 2002-4-30 05:51:06
RHWarrior posted:

This is whay you get when you let Capitalism reign free and unchecked, with your head in the sand!!



You are joking right? This is sarcasm i see here correct?

 

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A Nation of Sheep Breeds a Government of Wolves!
Manegarm  4 stars
Title: European Imperialist Good Guy
Posts: 1,964
Registered: 2003-8-11 10:01:52
Moe_Nox posted:

Government intervention to bail out failing companies is NOT capitalism.
Artificially maintaining such is simply delaying the pain.



He's talking about what got you guys in this fix in the first place.

 

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