US debt clock

[Doug.b]

Don't know how true this but found it interesting

http://www.usdebtclock.org/

http://www.usdebtclock.org/world-debt-clock.html

[Bird]

The USA is in deep deep Shit... Mismanagement for decades has caused it

You cannot just keep borrowing and never pay it back, it just doesnt work.. When all the lenders call in their cash, the worlds economies will just collapse.

http://www.theage.com.au/business/world-business/obama-unveils-us447b-jobs-package-20110909-1k0ji.html
This is live online now updating every 90seconds


Update President Barack Obama said the United States faces a "national crisis" and pressed Congress to urgently pass a jobs package of tax cuts and government spending he is proposing to revive the stalled economy.

The cost of Obama's plan is $US447 billion ($420 billion), with proposed tax cuts amounting to $US245 billion, or just over half of that total.


Read more: http://www.theage.com.au/business/world-business/obama-unveils-us447b-jobs-package-20110909-1k0ji.html#ixzz1XPPIFJEx

[Squalo]

To use a cliche, the day of reckoning is coming... lock in your mortgage rate now. Buy gold or silver. Pay that credit card down or off asap... the banks are going to go postal when it all hits the fan.

[Bird]

To use a cliche, the day of reckoning is coming... lock in your mortgage rate now. Buy gold or silver. Pay that credit card down or off asap... the banks are going to go postal when it all hits the fan.

x eleventy

[Manjimike]

Watched the "Inside Job" with Matt Damon last night - pretty well explains it all and the ones at fault are still running the country

Cheers Mike

[Doug.b]

here is another one

http://usdebt.kleptocracy.us/

[Bird]

Don't know how true this but found it interesting

http://www.usdebtclock.org/

http://www.usdebtclock.org/world-debt-clock.html

scary aint it!

[tk421]

Its at 50's levels as a percentage of GDP (or the amount of financial leverage in the economy)... and is similar to that of Germany - a supposedly successful economy

[Dogsbreakfast]

If every country is in so much debt, who do they owe?

[corndog]

You have it al wrong. The US of A are the saviours of the world. They are looking after us all.

[callmejoe]

http://www.theage.com.au/business/world-business/obama-unveils-us447b-jobs-package-20110909-1k0ji.html#ixzz1XPPIFJEx

Check the date 2011.

[scblack]

If every country is in so much debt, who do they owe?

Banks, insurance companies, investment companies, pension funds, other countries, credit unions, state governments, councils/municipalities, general companies.

Among many others.

[corndog]

http://www.theage.com.au/business/world-business/obama-unveils-us447b-jobs-package-20110909-1k0ji.html#ixzz1XPPIFJEx

Check the date 2011.

You better not start me on that. 

[tk421]

If every country is in so much debt, who do they owe?

https://vimeo.com/107164610