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S W
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We Owe How Much?

- John Rubino - Dollar Collapse

HAVING A QUICK LOOK AT THE USA DEBT CLOCK it shows that Personal debt per citizen is $51068.

Thats not much,depends on how soon you have to repay.
Maybe you don't have a job or in fact you were just born 3 minutes ago and starting life behind the eight ball.
Interesting thought... a child born in USA right now is poorer than someone in Somalia for e.g.

Then again they have a lot more opportunity in USA to become healthy wealthy and educated!

Commenté il y a 4607 jours

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Début de l'article : One of the problems with the debate over the "national debt" is that there's no generally agreed upon definition of that term.Is it what the federal government owes, or what it owes foreigners, or what the whole country, private and public sector together, owes? Does it include off-balance-sheet items and contingent liabilities? There's a hundred-trillion dollar gap between lowest and highest on this spectrum, which allows each commentator to confuse the rest of us by picking the measure that best suits their point of view... Lire la suite

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