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yeah, fucking hilarious...
Der Sprockets, a widely read German Paper (similar to The Telegraph or Canada's Globe & Mail in terms of shitty content), has said that pointing out that the U.S. has a 100% debt-to-GDP ratio is fear mongering and a terrible thing to do.
***U.S. Debt is really 11 to 16 times higher than officially acknowledged [60 to 200 trillion USD] according to David M. Walker (former Comptroller General of the United States) or Laurence Kotlikoff.
Und now we dance!
Dance Debt Bitchez, DANCE!
Fuck... There are politics in that too...
Pet my monkey, love de monkey.. The debt monkey on your back bitchez..
Und now we dance!
"I'm as happy as a little girl."
While people are focused on US debt to GDP ratio, many people buy the BEA number of US GDP of $15.18 trillion. Others like Dagong, the Chinese rating agency, estimate US GDP as $6 trillion. So US debt to GDP ratio may be as high as 30 while we officially mark the ratio crossing 1. There are lies, statistics and BEA statistics.
Relax.... Its only paper
Each note has an intrinsic value of 12.44 BTU.
Don't burn it, its toxic! Thats according to the Fed. The epa got "pissy" and made them stop burning it. That's why the give those little bags of shredded FRNs to visitors.
I wonder what fukushima tourists will get after their tour....
Damn, I was hoping for superpowers.
And because the developed world is all in the same boat, presently, we are graded on a curve....No Debt left behind Bitchez!
Say it ain't so O.
Time to sacrifice some virgins on high?
Keep them away from Penn state or the sacrifice doesn't work, just sayin..
ok now congress really really promises to take it seriously
Somewhere John Boehner is crying, while Harry Reid calls his Bookie in Vegas...
That will be one check uncle sam will not be able to write and cash.
My ass is only worth $13 and my soul belongs to Jesus. Hope that helps
Wow. Thats a lot of spinach.
Whoo Hoo! Happy New Year!
If you taxed all income taxpayers at 100% of income. You still couldn't pay the US Government budget.
How about 200%?
I thought the limit was 140%.
Unless it's the City of London.
and they are fighting over payroll taxes - ha
Gotta keep SS "solvent" don't you know.
Don't confuse debt, budget, and deficet.
I know exacty what they are.
The point is, taxes are now almost irrelevant. They can tax all they want, literally take everything you earn. It doesn't make a blind bit of difference. The budget is still too large.
I never believe govt #'s
I wonder why S&P hasn't officially downgraded France. Go ahead and do it and let's watch the show.
TEAM AMERICA FUCK YEAH!!!!!!!!
Oops, sorry guys, I posted this after you further up.
How long until we pass 200% GDP? 6 years? 8 years? 10 years?
Do we get bonus miles?
Awww, don't shortchange US! 12-31-2012
Drinks for everyone... Ben and Timmy are buying.
Ben and Timmy go driving
Celebrate good times, come on
An insightful summation of how we got here. Kudos!
Xmass lynch party on lower Manhattan ? ( Plz. invite Jon Kerosine - no thug left behind ).
NJ citizens owe to be the game changers :-P
Or do they have something to loose ?
Does this new event horizon accelerate the Apocalypse Clock to a few days before midnight Dec. 21, 2012 ?
What is the real countdown clock setting ?
Dec. 21, 2012 is the beginning of the new calender. The Apocalypse leads up to that date. We all get a new start Dec. 22, 2012.
i just dont get this mayan end of the world thing. as i understand it, their long calendar ends on december 21, 2012, but its not as if they didnt have a new calendar to follow, which they do. so if its the end of the world, why bother continuing with a new calendar?
oh, and why tylers posting discrepancy with http://usdebtclock.org/ which has debt at 100.4?????
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