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On This Day In 2017

Tyler Durden's picture


With the meaningless focus on such distracting noise as daily POMOs, will/won't the Fed taper, how many shorts will the Fed's Markets desk squeeze today, and how massive will the second Fed housing bubble be, it is easy to lose sight of the big picture, namely just where is the debt juggernaut that is the US, heading? Conveniently, the US debt clock has a "time machine" function that extrapolates, at current rates of change, what the key metrics behind the US economic facade will look like.

So in a nutshell, on this day in 2017...

  • Total debt: $22.9 trillion (assuming "normalized" 5% interest means $1.1 trillion in annual interest expense)
  • GDP: $16.9 trillion
    • Debt to GDP ratio: 136%
  • Federal Tax Revenue: $3.3 trillion
  • Federal Spending: $4.1 trillion;  Federal Revenue: $3.3 trillion
    • Federal Budget Deficit
  • US Total Debt: $63.8 trillion (excluding unfunded liabilities)
  • Total National Assets: $167.2 trillion, $508,493 assets per citizen
  • Total Unfunded Liabilities: $152.4 trillion, $1,237,426 liability per taxpayer
  • Consolidated total debt and unfunded liabilities: $216.2 trilllion

And so on.

The constantly updated (and very sad) picture can be found after the jump:


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Mon, 06/17/2013 - 12:57 | 3665155 Dr. Engali
Dr. Engali's picture

On this day in 2017 the few hundred million remaing people on the world are trying to survive a hellish nuclear winter. The result of a dying empire taking the rest of the world with it.

Mon, 06/17/2013 - 12:57 | 3665173 Pladizow
Pladizow's picture

On what date is the debt clock set to go KABOOM?

Mon, 06/17/2013 - 13:10 | 3665205 Ham-bone
Ham-bone's picture

Set to go boom on January, 1 2009. We are living in the brave new world now. Authoritarianism going parabolic in lock step with debt...they are one and the same.

Mon, 06/17/2013 - 13:10 | 3665221 THX 1178
THX 1178's picture

We're not living in Brave New World! Now excuse me while I go drink shooters and dry-hump stangers in public nightclubs.

Mon, 06/17/2013 - 14:12 | 3665393 johnQpublic
johnQpublic's picture

i wonder what the new lie of the day from potus will be



for some reason if its hillary in office i think she will be recycling a little bit from old bill....

said hillary"i did not have sexual relations with that woman"

Mon, 06/17/2013 - 15:39 | 3665695 Patriot Eke
Patriot Eke's picture

People like to suggest it will be a "New World Order," but our future will prove it to be an "Old World Disorder" instead.  Nuclear war will do that after all.  We'll all be back to old world technology, and disorder will be the normal (WROL).

Mon, 06/17/2013 - 15:56 | 3665746 financial apoca...
financial apocalyptic contagion's picture

Federal Spending: $4.1 trillion;  Federal Revenue: $3.3 trillion

bullshit thats just adeficit of 0.8 triple that shit

Mon, 06/17/2013 - 15:56 | 3665747 financial apoca...
financial apocalyptic contagion's picture

Federal Spending: $4.1 trillion;  Federal Revenue: $3.3 trillion

bullshit thats just adeficit of 0.8 triple that shit

Mon, 06/17/2013 - 19:34 | 3666315 Bindar Dundat
Bindar Dundat's picture

On this day in 2017 it will be five years since the last Presidential election ...... and counting.

Mon, 06/17/2013 - 13:08 | 3665210 NotApplicable
NotApplicable's picture


"$1.1 trillion in annual interest expense"


Does that include a "tapering" effect? Or full blown ZIRP diarrhea?

Mon, 06/17/2013 - 13:04 | 3665195 adr
adr's picture

Two years away from the future world of Back to the Future II dreamed up in 1985.

No flying cars, no fusion reactors, no hoverboard, hell not even self drying jackets or self tying shoes.

Mon, 06/17/2013 - 13:09 | 3665216 Dr. Engali
Dr. Engali's picture

Yeah but at least we have The Air Curler:

Mon, 06/17/2013 - 14:46 | 3665529 darteaus
Mon, 06/17/2013 - 15:05 | 3665602 pods
pods's picture

That has to be the most hillarious invention ever, next to the Thighmaster.

Might as well have both of them incorporated into the new workout routine "Fluffer Bootcamp."


Mon, 06/17/2013 - 13:15 | 3665236 BLOTTO
BLOTTO's picture

and no morals...


Just - ever de-volving down the drain...

Mon, 06/17/2013 - 14:22 | 3665425 Charles Wilson
Charles Wilson's picture

D - E - V - O !

Thu, 06/20/2013 - 17:43 | 3676962 OpenThePodBayDoorHAL
OpenThePodBayDoorHAL's picture

are we not men?

Mon, 06/17/2013 - 14:18 | 3665412 Diet Coke and F...
Diet Coke and Floozies's picture

Don't worry, you will still be able to thumb a hundred bucks to save the clock tower...

Mon, 06/17/2013 - 14:42 | 3665506 Nobody For President
Nobody For President's picture

AND flying cars:

Mon, 06/17/2013 - 13:40 | 3665290 FlipFlop
FlipFlop's picture

You are a pessimist. Accept the fact that the state has become a benevolent (?) big brother and be happy. Make no noise, just concentrate on what ever is told to you.

Soviet survival tactics become global.

Mon, 06/17/2013 - 14:14 | 3665398 darteaus
darteaus's picture

Maybe he's an optimist...


Mon, 06/17/2013 - 14:36 | 3665474 TheGardener
TheGardener's picture

Tyler is right to readjust his The-End-is-Nigh formula
to his blog. Nietzsche lent me a convenient excuse called
decadence, which I conveniently live out for the next hundred years of roman style imperialistic overstretch.

Sorry , no good news and no re-set of things .

The world will change beyond recognition even for any seasoned disparate globalist individual with the "free trade" agreement upon opposing imperialistic blocks.

Never let a crisis go to waste, this too will pass.

Pass congress, legislation, and pass by the voter
for good measure.

Mon, 06/17/2013 - 14:40 | 3665496 Silveramada
Silveramada's picture

also, friday and today both very slow days for PMs dealers as the crowds await the clown Ben to tell us no, he wont pull the oxygen dose of 85B/month...

Mon, 06/17/2013 - 14:41 | 3665498 Colonel Jessup
Colonel Jessup's picture

I hope you're wrong Dr. Engali, I hope these lunatics are not allowed to carry out such a diabolical act that is probably within their want to do.

Mon, 06/17/2013 - 12:56 | 3665164 pods
pods's picture

Might as well double that as SS, Medicare, and Obamacare ponzis will have imploded by then.

Oh, and toss in another couple wars, currency collapse and the zombie apocalypse too.

I will take the over on that one please.


Mon, 06/17/2013 - 13:03 | 3665193 knukles
knukles's picture

They forgot Lindsay Lohan getting out of the recovery center, again.

Mon, 06/17/2013 - 13:08 | 3665211 ParkAveFlasher
ParkAveFlasher's picture

Kim Kardashian's ass explodes!!!

Mon, 06/17/2013 - 14:16 | 3665403 IridiumRebel
IridiumRebel's picture

It already has......I think this thread is complete.

Mon, 06/17/2013 - 13:09 | 3665217 Scro
Scro's picture

LL will be offering the bung hole for $50 a pop in Las Vegas by 2017.

Mon, 06/17/2013 - 13:50 | 3665327 kralizec
kralizec's picture

So Barry won't be the only one?!

Mon, 06/17/2013 - 14:00 | 3665364 Scro
Scro's picture

Barry is the pimp.

Mon, 06/17/2013 - 12:57 | 3665167 Byte Me
Byte Me's picture

Haven't US Debt been denigrated and ridiculed by the MSM yet?

Mon, 06/17/2013 - 13:28 | 3665215 King Nothing
King Nothing's picture

Why would they, these numbers represent financial recovery, Ben told them so.


Don't you know anything this is elementary my dear byte me, elementary.



Mon, 06/17/2013 - 12:57 | 3665168 jenniewadeguy
jenniewadeguy's picture

Have Benny and the Jets seen this?

Mon, 06/17/2013 - 12:57 | 3665170 JJ McApe
JJ McApe's picture

no problemo, they can digitally print that in under one minute :D

Mon, 06/17/2013 - 12:58 | 3665172 MagicMoney
MagicMoney's picture


Mon, 06/17/2013 - 13:42 | 3665179 JustObserving
JustObserving's picture
  • Consolidated total debt and unfunded liabilities: $216.2 trilllion

That works out to be $665,000 per citizen.  There is no chance that it can be paid down.

BTW, Kotlikoff has total debt and unfunded liabilties at over $240 trillion now.

Gold should be at least $3200 and silver $80 by 2017 if only the Fed would stop manipulating them down.

Mon, 06/17/2013 - 13:01 | 3665181 adr
adr's picture

I think the game is to create a society where there are so few capable of resistance, and who ever care to resist that they can be put down almost immediately with very little effort.

I'm moving for a new job and I drove around the city where it is located. The decline of America was so apparent, you'd have to be Ben Bernanke himself not to see it.

America is moving to a 90/10 society. Either you can afford to be part of the 10% and live where they live, or you'll be living with the 90% sending your kids to schools where only 3% can pass a basic 3rd grade reading test.

But open borders with the promise of amnesty for votes will do that.

As long as the Power Party can stay in Washington and NY eating $250 per plate meals. Who cares if the rest of the country looks like Uganda ravaged by plague.

Mon, 06/17/2013 - 13:48 | 3665320 WAMO556
WAMO556's picture

Remember that MOTOR/VOTER laws allows one "to aver" that they are a citizen. You int have to show proof of citizenship at all. So, we just allowed anybody and everybody in the world to vote in our elections. You don't have to be a citizen anymore, just a resident.

We are truly fucked.

The uncle of my wife said that the constitution doesn't mean "shit".


We are truly fucked....

Mon, 06/17/2013 - 14:28 | 3665447 resurger
resurger's picture

Let them eat Twix, Snickers and Lays.

Mon, 06/17/2013 - 13:01 | 3665185 ejmoosa
ejmoosa's picture

It's too optimistic...

Mon, 06/17/2013 - 13:12 | 3665225 SpiceMustFlow
SpiceMustFlow's picture

my thoughts exactly

Mon, 06/17/2013 - 13:50 | 3665329 Rainman
Rainman's picture

5% ' normalized ' interest rates is called fallout......3% triggers the Big Bang

Mon, 06/17/2013 - 13:02 | 3665189 the grateful un...
the grateful unemployed's picture

the debt has been moved off balance sheet by 2017. the government is still paying off that debt at low fixed rates. since the deficit is under control there aren't any real concerns. bernankes replacement announced 2% deflation targets, in order to shrink the money supply to a workable level. the low fixed rates present a savings relative to new higher rates, yes higher interest rates, with deflation equals no economic growth, who cares? no more extend no more pretend, we're just trying crash land this economy with minimal damage.

Mon, 06/17/2013 - 13:52 | 3665337 kralizec
kralizec's picture

Minimal damage...the belief that chaos can be mastered and controlled...

Not going to happen.

Mon, 06/17/2013 - 13:02 | 3665190 docmac324
docmac324's picture

If Japan is 230% of GDP, are we're what, 107?  We have a long way to go before fiat implosion.  Hell, maybe after I die.

We'll need a hell of a good war here sooner or later.

Mon, 06/17/2013 - 13:05 | 3665196 otto skorzeny
otto skorzeny's picture

5%?- they wish.

Mon, 06/17/2013 - 13:06 | 3665200 youngman
youngman's picture

Obamacare will be good for 1 triilion in defecit spending every year by then...airlines will do well as people have to fly to other countries for an operation...Health tourism....

Mon, 06/17/2013 - 14:17 | 3665407 johnQpublic
johnQpublic's picture

my neighbor is off doing that right now

Mon, 06/17/2013 - 13:09 | 3665204 Kirk2NCC1701
Kirk2NCC1701's picture

It comes down to when the rest of the world gets terminally fed up (is unable) to absorb/import the US debt via the Ponzi that has become the USD.

Toward that end -- to postpone the inevitable -- TPTB will keep messing with the ability and resolve of the rest of the world and its pivotal players.  All is fair in fiat-love and war.  And the world will see plenty of both.

Mon, 06/17/2013 - 13:07 | 3665208 geologyguy
geologyguy's picture

our dear leaders haven't banned that website yet?  I thought that was decreed un-american by TPTB?

Mon, 06/17/2013 - 13:10 | 3665222 zrussell
zrussell's picture

Following the Monsanto GMO catastrophe of 2015, the US Govt rules that all babies born with two heads will receive double EBT entitlements.

Mon, 06/17/2013 - 13:17 | 3665238 venturen
venturen's picture

After Monsanto is forced out of business by the idealists. The world runs out of food. Cost of organic only corn and wheat goes to $200 bushel as disease resistance strains and pesticides are outlawed. 500 Million people a year are dying from lack of food. Oh happy days. 

Mon, 06/17/2013 - 17:55 | 3666029 logicalman
logicalman's picture

Do some fucking serious research before starting to type please.

Do you want everyone to think you are a brain dead arsehole?

Mon, 06/17/2013 - 13:14 | 3665233 CDNX fan
CDNX fan's picture

All quite bullish for stock prices....look at Zimbabwe.

Mon, 06/17/2013 - 13:26 | 3665257 gaoptimize
gaoptimize's picture

I would like it if someone would, on 1 Jan of every year, take a snap shot of the Debt Clock time machine for the next ten years, and track the accuracy of the projections.  The US national debt will be at least $25T due to the bump of the inevitable recession we are entering, and we may not exit until after the collapse.


BTW:  I assume these are all Then Year projections, not Base Year 2013.

Mon, 06/17/2013 - 13:26 | 3665258 nonclaim
nonclaim's picture

Total debt is about 23 coins. Interest costs just over another coin a year.

Not too bad, just mint it.

Mon, 06/17/2013 - 13:27 | 3665260 Agent P
Agent P's picture

At least Obama will be out of office.

Mon, 06/17/2013 - 13:34 | 3665279 sluggo
sluggo's picture

I honestly doubt he will. Just need a crisis large enough and he'll stay in, "for the people!"

Mon, 06/17/2013 - 16:44 | 3665881 BurningBetty
BurningBetty's picture

wag the dog

Mon, 06/17/2013 - 13:42 | 3665297 Suisse
Suisse's picture

And we'll have Hillary instead! Happy days!

Mon, 06/17/2013 - 17:56 | 3666033 logicalman
logicalman's picture

Hitlary for pres.....

Now there's a scary thought.

Mon, 06/17/2013 - 13:49 | 3665326 IridiumRebel
IridiumRebel's picture

it'll be Bush's 5th term.....

Mon, 06/17/2013 - 17:57 | 3666035 logicalman
logicalman's picture

It'll be the banksters 50th term.

Pres is just a glove puppet.

Mon, 06/17/2013 - 13:32 | 3665275 Pareto
Pareto's picture

This seems appropriate:

Paul Krugman and John Maynard Keynes were out for a walk and they came upon a pile of fresh dog poop. Keynes, feeling mischievous, offered Krugman $25,000 if he would eat it. Krugman, being a trifle low on cash, decided to take him up on the offer and ate the poop. Then they walked on.

A little while later, Krugman, feeling rather ill and annoyed at Keynes for the cruel trick, decided to turn the tables on him, and when they passed another pile of dog poop offered Keynes his $25,000 back if he would eat it. Feeling rather foolish at having wasted all that money and anxious to have it back, Keynes complied.

As they walked on, Krugman remarked to Keynes, 'You know, neither of us is any richer, and we've both eaten dog poop.' 'Yes' replied Keynes, 'but we've increased the GDP by $50,000.'

Mon, 06/17/2013 - 13:47 | 3665314 IridiumRebel
IridiumRebel's picture

...proving yet again that they are both full of shit!

Mon, 06/17/2013 - 13:52 | 3665334 DOT
DOT's picture

Thanks, Pareto, I needed a laugh!

I always wondered about Krugman's shit eating grin.

Mon, 06/17/2013 - 15:58 | 3665758 Pareto
Pareto's picture

What........that its permanent? :)

Mon, 06/17/2013 - 13:54 | 3665344 DOT
DOT's picture

Thanks, Pareto, I needed a laugh!

I always wondered about Krugman's shit eating grin.






edit: oops!

Mon, 06/17/2013 - 14:06 | 3665375 Wynn
Wynn's picture

plus both will receive a W-2G for gambling winnings, and .gov will hit them both for +/- 40%

Mon, 06/17/2013 - 13:39 | 3665289 lolmao500
lolmao500's picture

Hillary president, Krugman, Dimon or Corzine as fed head, napolitano as AG, democrats having a supermajority thanks to the amnesty bill...

You think you have seen insane things? You ain't seen nothing yet.

Mon, 06/17/2013 - 13:46 | 3665310 IridiumRebel
IridiumRebel's picture

I just threw up in my mouth....

Mon, 06/17/2013 - 13:41 | 3665296 Hohum
Hohum's picture

The bigger issue is all kinds of debt: public, household, corporate, whatever.

Mon, 06/17/2013 - 13:46 | 3665306 IridiumRebel
IridiumRebel's picture

Thank you, Cpt. Obvious. Do bears shit in the woods? Take your time......

Mon, 06/17/2013 - 13:46 | 3665307 1C3-N1N3
1C3-N1N3's picture

They'll roll out a new currency and use it to buy up the dollar debt. Dollar appreciates, and the new currency will be used in the FEMA labor camps. Campers will be prohibited from holding/transacting in dollars.

Mon, 06/17/2013 - 13:46 | 3665311 SheepDog-One
SheepDog-One's picture

Humanity now set on downward spiral to extinction....well it's been a pretty good 150,000 year run I guess. 

Mon, 06/17/2013 - 13:48 | 3665322 IridiumRebel
IridiumRebel's picture

La cucaracha! La cucaracha! Ya no puede caminar.......

Mon, 06/17/2013 - 13:56 | 3665350 stinkhammer
stinkhammer's picture


Mon, 06/17/2013 - 13:57 | 3665357 WAMO556
WAMO556's picture

O you actually think that the Mexicans, Guatemalans and anybody else coming here are actually coming to work?

Or is it because they can get all kinds of free shit, as long as they vote a certain way?

The Supreme Court must be taking CRAZY PILLS!!!

Instead of using the CONSTITUTION as the measuring stick to see if Arizonas law was CONSTITUTIONAL, these dumbasses used every precedent in the past to steer their decision making.

Methinks that these guys are fucking daft. What's it going to take for them to get their heads out of their asses.

If you can divorce at the individual level, how come you can't divorce at the soverign level??

Mon, 06/17/2013 - 14:37 | 3665482 css1971
css1971's picture

You can. You simply become a "traitor" subject to arrest and imprisonment.

Mon, 06/17/2013 - 14:47 | 3665538 kito
kito's picture

your statement is not entirely true. most mexican, guatemalan, etc  undocumented workers bust their asses,  keep their head down, and their mouth quiet for fear of deportation. there have been entire villages in latin american countries without men because they have been in america working hard. im in the northeast, and i see the work they do.  id take a mexican worker over some fat lazy unionized american worker, who is actually the one getting all kinds of free shit. a mexican worker does the work in half the time, half the price, and twice the quality. that being said, the problem is they are remitting most of the money back to their countries, which america never sees. and, btw, the vast majority of latin american immigrants that work hard dont have papers and therefore dont vote.

Mon, 06/17/2013 - 18:17 | 3666099 Abi Normal
Abi Normal's picture

Kito, hate to burst your bubble a bit here.  But I hired a roofer to do my shed, he brought over a Guatemalen guy, who preceded to screw the whole backside of the shed up, thinking I would not see it...I mean the rows were like the sea waves, and you could see the OSB, felt was missing!!!!!!  So don't count them all as hardworking and better quality, my experience was BAAAAAAADDDDDDDD!  I kicked the POS off my property, and he had the gaul to ask me for money for the job....I had the roofer (American) come over and do it right!  I paid him at a discount!

Mon, 06/17/2013 - 21:59 | 3666627 newengland
newengland's picture

Some people want cheap labor, and the quality of the job or the Republic they enjoy is something made by others, not them.

I pity illegals. I don't use them, and I despise the politicians and cheap employers who do.

Mon, 06/17/2013 - 19:05 | 3666237 WAMO556
WAMO556's picture


My wife's grandmother came from Mexico illegally. Her son joined the USArmy, became a citizen and then passed the Q-Course to become a highly respected and successful special forces sergeant. He then graduated with honors from University of Southern California, so that he could get his commission. Retired as a colonel. Started his own successful business. My wife's grandmother came here to become an American. Only English would be spoken in the house. ALL of her children are successful AMERICAN citizens and are truly a joy to be with, especially when drinking a cerveza with the patriarch of the family.

What I was referring to in my earlier post was not that most folks coming here only want to suck off the system. That was not what I was inferring.

My position is that the crafters/writers of these laws (including certain select judges) intent is to create a whole class of political slaves (heard that term first here - political slaves and political slavery) indentured to a political class.

What is happening through this diversity non-sense is the straight up Balkanization of the US. and it is happening NOW...gated communities, militarization of the police forces, urban center blight, stratification politically and economically of the citizens and residents of this land.

Most of the folks coming here from south of he border have their allegiance to NARCO-MILITIAS, and have never had a taste of freedom and never will. They bring the baggage of their culture and language and have NO PLANS TO ASSIMILATE into the American culture.

Think ASLAN.

Not ALL of the folks coming here have the best interests of the host nation that they are residing in. There are a large portion that are willing to promote the destruction of this country couched in altruistic words.

How do you deport 11million illegals?
Easy. One at a time.

Do you folks who are here illegally have the same rights as a citizen of this country?

Mon, 06/17/2013 - 21:41 | 3666635 newengland
newengland's picture


So you employ illegals, and hate American workers who deserve a living wage because their ancestors made the country you lounge in. Pathetic. Those illegals do not make a Republic, and neither do your sort. Fool.

Enjoy the bankruptcy to come, made by you and your illegals, wanting more than you make, and sending better men on endless war to protect your juvenile sense of entitlement.

Mon, 06/17/2013 - 14:26 | 3665439 resurger
resurger's picture

If you are in a hole, stop digging

Mon, 06/17/2013 - 14:27 | 3665446 Goggles Pisano
Goggles Pisano's picture

"Normalized interest rate" LOL. Debt will be $25 trillion at an average rate of 1.5% or $375 billion in interest rates. But the even better news is my kid will only have to pay $2000 for a case of my Depends.

Mon, 06/17/2013 - 14:32 | 3665465 orangegeek
orangegeek's picture

Reads like a complicated way of saying "WE'RE FUCKED".

Mon, 06/17/2013 - 14:59 | 3665585 dizzyfingers
dizzyfingers's picture

Debt-per-citizen vs dept-per-taxpayer, this very minute.

Taxpayers are screwed.

Mon, 06/17/2013 - 15:05 | 3665603 artless
artless's picture

Wait! I thought all we had to do was pass Paul Ryan's budget / 10 year plan and everything would be hunky dory.

Oh, yeah that's right even HE projected with his own idiotic plan a 20+trillion debt. The idea that voting for one delusional idiot over another or that Obama is in or out of office are both complete wastes of energy. No one in Washington has the balls to do what needs to be done and no in the country will face the truth that it is mathmatically OVER.

We can't pay any more pensioners, soc sec, welfare, mortgage deduction, child credit, earned income credit, farm subsidies, ethanol goodies, solar loans, pell grants, WIC, medicaid, medicare, scrip drug benefit, food stamps, or any other gravy train .gov hair brained scam any longer. The money isn't there. The world owes you nothing.

I won't even go into the farce known as "defense".

Oh, you "paid in"? TOO FUCKING BAD. You are also the assholes that fucked it all up so I have no sympathy for you juts like I have no sympathy for all the self-righteous "voters" that are complicit in all this. I "paid in" too. I HAD TO GET A FUCKING JOB AS A TEENAGER TO PAY MY FUCKING TAX BILL (FICA) WHICH TOOK %15 CAUSE I WAS "SELF-EMPLOYED". I've been getting robbed every year since.

Legalise the whole damn country of Mexico and throw in all of Central America just for fun and every native born asshole will line up in 2016 and vote for Chris Christie, Billary, or whovever they trot out and it will make no difference what so ever.

First priority should be the wholesale elimination of Soc Sec. and Medicare. You want a taper that will matter. Start there. Taper that ponzi scheme until it is over. That means NO NEW ENROLEES and everyone else gets bought out (I'll take mine in silver bars please, gold would be okay as well) or otherwise paid to term.


Mon, 06/17/2013 - 16:16 | 3665818 10mm
10mm's picture

2017? Im just trying to get a half gallon of milk across the street.Fuck 2017.

Mon, 06/17/2013 - 17:28 | 3665973 smacker
smacker's picture


Do not fret folks only shows $22.9 trillion in 2017.

Mon, 06/17/2013 - 21:31 | 3666605 newengland
newengland's picture

Assuming 5% interest rates. That's an optimistic assumption, if current policy continues. This time is not different.

The fall of failed empires comes with ruined currency, high debt, public bankruptcy ... thanks to the same old rootless cosmopolitan international financiers, and their new fangled thing zionism, founded in the late 18th century by the old hofjuden of the vatican, monarchies, the feudalists who like monopoly, not Republics, nor patriots.

It is overdue for American jews to stand with the Republic their ancestors co-founded, and reject this nazionism...or go off to the showers once more, led by the nazionists who funded Hitler, and Lenin.

George Washington thanked the rabbis of Rhode Island for their support in founding the USA. It is a very great pity that American jews are misled by zionism.

Hubris precedes the ruin of money, and nation.

Tue, 06/18/2013 - 08:58 | 3667507 steelrules
steelrules's picture

This is the end, The Doors.

Do NOT follow this link or you will be banned from the site!