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True national debt.

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  • True national debt.

    http://www.usdebtclock.org/

    The US Debt Clock, which shows the debt of the country, along with credit card debt, unemployment figures, and tax revenue, is a great place to start asking questions.

    First, when you open the clock, you see a figure of over $11T counting upwards to infinity, and just to the right of that figure is our $9T Gross Domestic Product income.

    My question is: How can we maintain any economy if we don't have enough $$$ in GDP to cover our expenses to ourselves?
    "Reject the basic assumptions of civilization, especially the importance of material possessions." "The things you own end up owning you"-Tyler Durden

  • #2
    In ancient Rome the poverty striken masses we apeased by "Bread and circuses". When Rome over-extended itself with foreign wars that exhausted its resources and the masses could no longer be apeased the empire collapsed.
    Those who would trade freedom for security will end up with neither.

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    • #3
      I was watching one of these tickers a couple of days ago.

      It was going up 150,000 dollars a tick, I thought each second. So I chanted, "thousand one", "thousand two" etc. It was going up 150,000 for each WORD, so about 300,000 each second.

      These bastards make me sick.
      "If Howdy Doody runs against him, I'm voting for the puppet." - SkyOwl's Wife, 2012

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      • #4
        I'm afraid to even look at the link. I don't feel all too comfortable with the direction we're heading its my opinion, without a total and complete overhaul of our governments, right down to permits and planning, I don't see too much "Change" in this once Great nation.
        Being unprepared is giving up!

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        • #5
          Makes one downright dizzy, if not overly sickened.

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