US Debt now stands at 18 TRILLION. Expected to triple within 5 to 7 years!!!!! | |
rockhuff
(OP) User ID: 57788482 United States 07/21/2014 12:08 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 25956544 United States 07/21/2014 12:12 PM Report Abusive Post Report Copyright Violation | [link to thehill.com] Quoting: rockhuff I'm on phone, so sorry if link doesn't work. Had to type it in. Government debt is now $18 Trillon. Will triple within 5 to 7 years. Unbelievable!!! Ummmm..... yeah but don't ignore the USA GDP. Also, the Federal Reserve owns about $4 Trillion of that $18 Trillion. Truth be told: China did not buy $18 Trillion in 2 Year U.S. Treasury Notes. With all of the Quantitative Easing going on China has been discouraged to do so. :-) |
Anonymous Coward User ID: 60486430 United States 07/21/2014 12:37 PM Report Abusive Post Report Copyright Violation | [link to thehill.com] Quoting: rockhuff I'm on phone, so sorry if link doesn't work. Had to type it in. Government debt is now $18 Trillon. Will triple within 5 to 7 years. Unbelievable!!! Ummmm..... yeah but don't ignore the USA GDP. Also, the Federal Reserve owns about $4 Trillion of that $18 Trillion. Truth be told: China did not buy $18 Trillion in 2 Year U.S. Treasury Notes. With all of the Quantitative Easing going on China has been discouraged to do so. :-) We just need to force the "Private" corporation of the federal reserve into bankruptcy. Problem solved! |
Anonymous Coward User ID: 25956544 United States 07/21/2014 12:40 PM Report Abusive Post Report Copyright Violation | [link to thehill.com] Quoting: rockhuff I'm on phone, so sorry if link doesn't work. Had to type it in. Government debt is now $18 Trillon. Will triple within 5 to 7 years. Unbelievable!!! Ummmm..... yeah but don't ignore the USA GDP. Also, the Federal Reserve owns about $4 Trillion of that $18 Trillion. Truth be told: China did not buy $18 Trillion in 2 Year U.S. Treasury Notes. With all of the Quantitative Easing going on China has been discouraged to do so. :-) We just need to force the "Private" corporation of the federal reserve into bankruptcy. Problem solved! I choose to focus on growing USA GDP to $25 Trillion ASAP! Reduce unemployment rate to 4%. What would be the ripple effects is we accomplished that? |
Anonymous Coward User ID: 60486430 United States 07/21/2014 01:27 PM Report Abusive Post Report Copyright Violation | [link to thehill.com] Quoting: rockhuff I'm on phone, so sorry if link doesn't work. Had to type it in. Government debt is now $18 Trillon. Will triple within 5 to 7 years. Unbelievable!!! Ummmm..... yeah but don't ignore the USA GDP. Also, the Federal Reserve owns about $4 Trillion of that $18 Trillion. Truth be told: China did not buy $18 Trillion in 2 Year U.S. Treasury Notes. With all of the Quantitative Easing going on China has been discouraged to do so. :-) We just need to force the "Private" corporation of the federal reserve into bankruptcy. Problem solved! I choose to focus on growing USA GDP to $25 Trillion ASAP! Reduce unemployment rate to 4%. What would be the ripple effects is we accomplished that? And exactly how do you propose that this be done? I'm all ears. |