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US Debt now stands at 18 TRILLION. Expected to triple within 5 to 7 years!!!!!

 
rockhuff
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User ID: 57788482
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07/21/2014 12:08 PM
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US Debt now stands at 18 TRILLION. Expected to triple within 5 to 7 years!!!!!
[link to thehill.com]


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!!!
rockhuff  (OP)

User ID: 57788482
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07/21/2014 12:08 PM
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Re: US Debt now stands at 18 TRILLION. Expected to triple within 5 to 7 years!!!!!
Link works.
Anonymous Coward
User ID: 25956544
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07/21/2014 12:12 PM
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Re: US Debt now stands at 18 TRILLION. Expected to triple within 5 to 7 years!!!!!
[link to thehill.com]


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!!!
 Quoting: rockhuff


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
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Re: US Debt now stands at 18 TRILLION. Expected to triple within 5 to 7 years!!!!!
[link to thehill.com]


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!!!
 Quoting: rockhuff


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.

:-)
 Quoting: Anonymous Coward 25956544



We just need to force the "Private" corporation of the federal reserve into bankruptcy. Problem solved!

ohyeah
Anonymous Coward
User ID: 25956544
United States
07/21/2014 12:40 PM
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Re: US Debt now stands at 18 TRILLION. Expected to triple within 5 to 7 years!!!!!
[link to thehill.com]


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!!!
 Quoting: rockhuff


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.

:-)
 Quoting: Anonymous Coward 25956544



We just need to force the "Private" corporation of the federal reserve into bankruptcy. Problem solved!

ohyeah
 Quoting: Anonymous Coward 60486430


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
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Re: US Debt now stands at 18 TRILLION. Expected to triple within 5 to 7 years!!!!!
[link to thehill.com]


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!!!
 Quoting: rockhuff


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.

:-)
 Quoting: Anonymous Coward 25956544



We just need to force the "Private" corporation of the federal reserve into bankruptcy. Problem solved!

ohyeah
 Quoting: Anonymous Coward 60486430


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?
 Quoting: Anonymous Coward 25956544


And exactly how do you propose that this be done? I'm all ears.





GLP