US National Debt increasing $2.28 billion daily

[larryhead]

http://www.brillig.com/debt_clock/

The estimated population of the United States is 298,331,627
so each citizen's share of this debt is $27,474.13.

The National Debt has continued to increase an average of $2.28 billion per day since September 30, 2005.


Do you think the US can/will go bankrupt?

[larryhead]

This book was published recently, which makes a strong case that we are fucked:

Empire of Debt : The Rise Of An Epic Financial Crisis (http://www.amazon.com/gp/product/0471739022/qid=1138038635/sr=8-1/ref=pd_bbs_1/104-2498736-0476737?n=507846&s=books&v=glance)


REVIEW:
"Many Americans have resisted the notion that their country is an imperial power. The idea seems to contradict the values of the Republic and its Founding Fathers. But in Empire of Debt, prominent financial analysts Bill Bonner and Addison Wiggin argue passionately that not only is the United States an empire, but it is also one whose end is coming soon. Bonner and Wiggin are the brains behind www.dailyreckoning.com, an iconoclastic and irreverent market advisory service that has long raised concerns about American indebtedness and warned of a looming dollar crisis. In Empire of Debt, a sequel to their earlier doom-and-gloom book Financial Reckoning Day, they elaborate on their argument that the U.S. economy is about to implode."

...


:erf:

[bubz_bluez]

its bigger than a trillion........tell me what is the power of 8

editorial reviews:

Bonner and Wiggin argue that American imperial delusions are similar to the fantasies that fueled the dot-com market mania.

BUY GOLD?! hummmm if i just buy some gold for every time....... i really dont ever want to find myself in D.C.




bubz

lets shake hands with the man who can ruin this :eek: :eek: :eek: :dizzy:

[bubz_bluez]

i really dont know if its possible
i used to say in a jokin' way that .. there could be another depression maybe greater

off the top of my head i cant think what is...bigger than a trillion dollars

bubz

i did not call it..... i was only playin' at the time

all hail president clinton