• Sprott Money
    04/29/2016 - 05:58
    There is unfortunately no basis for renewed optimism that this current litigation will have any meaningful impact on precious metals manipulation – with respect to either silver or gold.

The Numbers That Matter: $15,564,809,891,768 And $8.354 Billion

Tyler Durden's picture


Without wasting our readers' time, here are the only two numbers that matter today:

  1. $15,564,809,891,767.99 - This is how high record US federal debt is as of today. Although "record" and "US debt" in the same sentence is now redundant. So just debt. (source)
  2. $8.354 billion. This is how much net US tax revenues (net of refunds of course) are lower in fiscal 2012 to date compared to the same period in 2011. In this Bizarro world, economic recovery is apparently based on weaker numbers (source).

The chart below proves without doubt that converting one well-paying job into two jobs that combined pay less, is uber bullish for stocks.


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Fri, 03/16/2012 - 17:12 | 2263400 Ahmeexnal
Ahmeexnal's picture



Fri, 03/16/2012 - 18:06 | 2263425 TruthInSunshine
TruthInSunshine's picture

Friday afternoon optimism - There's good news. You just have to know where to look.

The wheels of statist control are already coming off. Be hopeful. Would you have thought, assuming that you had been aware of what The Federal Reserve really is and represents, that animus towards and awareness of The Federal Reserve would grow like it has, a mere decade ago?

Escape velocity has already been reached at this point. The more they accelerate the actions that got us to where we are, the faster they kill the present system.

Robert David Steele (not a 'tin foiler': I dare anyone here to defy what he has to say at link below) predicted everything that's happening (he's not a 'savior' or 'prophet' - he's a former CIA & Military Intelligence Officer who founded The U.S. Marine Corps Intelligence Center).

He accurately predicted that intelligence services are coming after bloggers (years ago), because 80% of 'intelligence activity' is merely interpreting patterns, that bloggers and their readers have already sparked the next revolution (in whatever form it takes), and that central banks will fall. Gird your servers well, bitchez.

If you or people you talk to doubt that the U.S. form of government (a Republic - a form of representative government limited/constrained by the rule of constitutional law) is in serious jeopardy, you only need cite NDAA 2012 as proof [assuming the final check & balance that is the Supreme Court doesn't overturn it at first chance]. You don't need cite anything else, though you could find and cite much.

Check out what he says about Operation Trailblazer, Iraq, how congressman mapped out the exact cost that it would take lobbyists to 'buy' the U.S. government back in the 1990's, precisely what the role of The Federal Reserve is, and how incredibly clear and simple the solutions to what ails the CITIZENS of the United States and world are, and I challenge anyone to tell me or anyone else how and/or why, with specifics, he's wrong.

[Remember that the percentage of the population that needs to be aware is a fairly low threshold, historically around 3% (III) or so]:


Former CIA Agent's Message to America

Fri, 03/16/2012 - 18:35 | 2263685 newengland
newengland's picture


You are one of the standard bearers for the new media expose, in my opinion. I enjoy everything you write. Your honest desire to keep up to date, yet write within historical context and integrity, is truly rare and admirable. You are a gift to anyone who seeks truth, and sunshine...our better days ahead if we seek the light of truth instead of serve the dark forces.

End the Fed, an alien transplant from the Bank of England, the Rothschilds, and their shadow world government The Trilateral Commission and its recruiting/marketing arm The Bilderberg Group.

The silly ambitious career politicians are easily manipulated by these psychopathic corporatists, and their warped fascist aim of a 'new world order, ruled by the globalist central bank cartel of New Feudalists, aided by their appointed 'intelligentsia' in national government, academia and law.

Filth, they are all filth, and the NDAA cynically signed on New Year's Eve 2012 is similiar to the founding of the unconstitutional privately owned 'Federal Reserve Board', signed into law at Christmas 1913 after a grateful political pet Wilson returned the favour for their campaign funds which made him U.S. President, although he lived to write about his lament that he had unwittingly betrayed his country, and independent political action was no longer possible because those who issue the 'credit' (The Fed, the old banking class of Britain and Europe, the Rothschilds et al) had absolute control over the nation.

Politics would be their toy henceforth, and so his lament has proved to be true.

End the Fed.

Fri, 03/16/2012 - 23:54 | 2264347 TruthInSunshine
TruthInSunshine's picture

Thank you for the high praise.

I don't feel it's warranted.


There is a simple truth that more people are awakening to at a rate that's faster than at anytime prior in history:  Any economic system using money as debt, and especially under the framework of fractional reserve lending practices, contains the very seed of its own death, at the moment of inception, as it is inherently & factually (as a matter of basic arithmetic) unsustainable.

We have already passed the point where real wealth can be created in greater amounts or at a faster clip than it is being consumed/destroyed. This is precisely the reason why the gold standard of backing fiat currency was abandoned (any resource having inherent value could have been substituted for gold; gold just happens to be compact, quite finite and it stores well; they could have had an oil standard or a platinum standard or even a copper standard).

All that is happening now is can-kicking exercises to allow those able to access fiat backed by nothing of value, conjured from thin air, enjoying legal monopoly status (making it liquid and accepted universally), to convert their paper to things of real value, before the inevitable collapse of currency (pick whatever fiat currency you like; they're all in a state of massive regression to zero).

I chose my avatar (End the Fed) because there is no commonly denoted symbol for full reserve banking (the antithesis to fractional reserve banking), which would force discipline and balance upon economies, as it would restrain the fiat gaming and inevitable impoverishment of the bulk of the population through fractional reserve banking practices.

Here's a very good clip to enjoy that speaks to what I'm referencing:


Money As Debt
Sat, 03/17/2012 - 04:47 | 2264546 newengland
newengland's picture


Me off to zzzzzz now, but must say this: it is warranted. You are an absolute darling. I'll read that link tomorrow. 

Have a lovely weekend, 'truthinsunshine'. Thank you for the information, as per usual.

Sat, 03/17/2012 - 09:57 | 2264713 Pinto Currency
Pinto Currency's picture



The focus on Federal Debt is to some extent a distraction.

The US is being crushed by $54 trillion of federal, state, municipal, corporate, and consumer debt.  The $15 trillion federal debt is only a portion of the debt monstrosity created by the Federal Reserve and the banking system.

Time for a write down and sound money:



Sat, 03/17/2012 - 10:19 | 2264744 It was not me
It was not me's picture

We are pretty muched fucked. On Friday I just went all in and shorted USD against everything on my Armada Markets trading account. All muppets, sorry, all Goldman Sachs clients can take the either side of this trade.

Fri, 03/16/2012 - 17:12 | 2263404 Irelevant
Irelevant's picture

Exponential growth bitchez!

Fri, 03/16/2012 - 21:25 | 2264098 BoNeSxxx
BoNeSxxx's picture

i just logged in looking for today's friday humor  i thought there was none today until i saw td's keyword for this post.  you are getting subtle in your old age tyler

Fri, 03/16/2012 - 17:13 | 2263405 RmcAZ
RmcAZ's picture

$200 - What oil will be priced at shortly.

Fri, 03/16/2012 - 17:13 | 2263406 tekhneek
tekhneek's picture

.99, hahaha. That's hilarious. Just round that fucker up. Not like it's going to make a fucking dent or anything.

Fri, 03/16/2012 - 17:18 | 2263433 debtor of last ...
debtor of last resort's picture

Maybe that's where it stopped?

Fri, 03/16/2012 - 17:19 | 2263434 dwdollar
dwdollar's picture

Yeah really. Ten thousand is spent in the time it takes to write this sentence.

Fri, 03/16/2012 - 17:26 | 2263463 Elijah Craig 18
Elijah Craig 18's picture

The .99 is there to remind all the 99% that they will be ultimately responsible for "paying off" this pile of shit.

Fri, 03/16/2012 - 22:56 | 2264286 tickhound
tickhound's picture

lol .99.  As if we're getting "a good deal" or something.

Fri, 03/16/2012 - 17:13 | 2263408 TMT
TMT's picture

Aren't all charts that go up to the right bullish?

Fri, 03/16/2012 - 17:20 | 2263438 Tsar Pointless
Tsar Pointless's picture

Why, yes - yes, they are!

Thank you for asking.

Fri, 03/16/2012 - 17:14 | 2263414 Nolsgrad
Nolsgrad's picture

Can you buy calls on USA Debt numbers yet? It's gotta be a sure thing.

Sat, 03/17/2012 - 00:20 | 2264383 shuckster
shuckster's picture

Gold tracks national debt. National debt tracks tax receipts - as the IRS collects more taxes, the Fed is willing to issue more debt - thus devaluing the dollar and driving up the price of gold - so if you are bullish on US debt, buy calls on GLD or physical gold with your cash...

Fri, 03/16/2012 - 17:15 | 2263416 drchris
drchris's picture

You need to seasonally adjust your expectations.

Fri, 03/16/2012 - 17:16 | 2263421 Xibalba
Xibalba's picture

Are these #'s seasonally adjusted?  





Fri, 03/16/2012 - 17:18 | 2263431 Sleepless Knight
Sleepless Knight's picture

It truley doesnt matter any more. We cant pay it back. It doesnt matter how far you are in debt if you cant pay the minimum. Adding more debt will not stop the collapse, it will not make it happen anytime sooner. When intrest rates rise - we cant pay the minimum. Dollar game over.

Fri, 03/16/2012 - 17:26 | 2263458 dwdollar
dwdollar's picture

Oh it'll get paid. You better believe that. The Dollar just won't be worth anything.

Fri, 03/16/2012 - 18:34 | 2263691 TMT
TMT's picture

That's why I hope it blows up sooner rather than later.  I would rather take the pain than our kids who didn't have a say in the ponzi (not that we really did either but to fuck the kids is just crazy).

Pull of the bandaid and let's begin the repair.

Fri, 03/16/2012 - 17:20 | 2263439 Spitzer
Spitzer's picture

All worse numbers then the Euro zone but "the dollar is still the best of the big currencies" yyeah right 

Fri, 03/16/2012 - 17:26 | 2263459 Ahmeexnal
Ahmeexnal's picture

do you have any effin clue about how demographics come into account in the sustainability of a ponzi?



Sat, 03/17/2012 - 07:52 | 2264633 RoadKill
RoadKill's picture

No where near as bad as Europe. Not that this means its good just dont underestimate how bad Europe is.

The $15t includes nearly $3t owed to social security. Europes debt numbers dont. Pensions over there are generally pay as you go and are 100% unfunded. This is a big deal for their corporations too. They dont have big pension assets to draw on.

Demographics are 20 years ahead of US. We still have population growth over here thanks to immigration. Ponzi scheme that is SS should last 20 years longer then Europe.

Taxes as a % of GDP are less then 20% here vs nearly 50% in places like France. We can raise taxes to keep the system solvent. FRANCE cant.

We have already refinanced our banks and have taken a hit for Fannie and Freddie. IE our debt gaurantees are mainly on the books. Europrs arent. Just look at Greeces E100bbn of explicit debt gaurantees for nationalized industries like the RR. And add to that another E50bbn to ptop up their banks.

On an spples to apples basis US debt to GDP is 100% vs 125%+ in Europe.

Sat, 03/17/2012 - 17:27 | 2265626 Spitzer
Spitzer's picture

hahaha, refinanced  our banks... What a joke. We printed money, nothing else. Europe as a whole is a net creditor with NO TRADE DEFICIT. The US's forex reseerves would barely cover one months trade deficit 

Fri, 03/16/2012 - 17:24 | 2263450 SimpleandConfused
SimpleandConfused's picture

Much ado about... something?  No matter the ZH headlines, seems to us simple and confused people that nothing ever really happens.  Slow and steady as she goes... and on she goes.  And on.  And on.  And on.

Fri, 03/16/2012 - 17:28 | 2263470 Clint Liquor
Clint Liquor's picture


And on.  And on.  And on.

Until it doesn't.


Fri, 03/16/2012 - 17:26 | 2263453 Jlmadyson
Jlmadyson's picture

So less than 900 billion before the debt ceiling bomb cometh. They better hope for less of those $50 billion jump days going forward or it will be a lot sooner rather than later. Sept likely and October at the latest.

The fall political bomb is right on track.

Sat, 03/17/2012 - 00:43 | 2264403 Kali
Kali's picture

i heard that wars cost a lot.  Piece of cake!

Sat, 03/17/2012 - 07:54 | 2264635 RoadKill
RoadKill's picture

Have you seen any good analysis on when we will pass the debt ceiling taking into account treasury options. Will it be preelection?

Fri, 03/16/2012 - 17:26 | 2263460 nestle
nestle's picture

who cares about debts when DOW is making new high!


Fri, 03/16/2012 - 18:41 | 2263721 Caviar Emptor
Caviar Emptor's picture

DOW is kinda like US Dick Length. 

Fri, 03/16/2012 - 17:26 | 2263461 Clint Liquor
Clint Liquor's picture

"Numbers suck, there's just too many of them."

Bevis & Butthead

Fri, 03/16/2012 - 17:36 | 2263493 kito
kito's picture

rumor has it that Watsons computation abilities may be matched by the sheer enormity of the u.s. debt............

Fri, 03/16/2012 - 17:42 | 2263511 Contura
Contura's picture

I googoled both numbers. USA came up on both of them.

Fri, 03/16/2012 - 17:40 | 2263515 boiltherich
boiltherich's picture

Yo, please add on another $6.239 bil for our share of the IMF bailout of Greece approved this week. 

Fri, 03/16/2012 - 17:42 | 2263523 Sudden Debt
Sudden Debt's picture

Come on!. Make it 16 trillion!!!

Fri, 03/16/2012 - 17:58 | 2263583 CompassionateFascist
CompassionateFascist's picture

OK: add on the 5-7 trillion of rotten paper parked at FM&FM: $22,000,000,000,000.

Fri, 03/16/2012 - 18:09 | 2263610 Sudden Debt
Sudden Debt's picture

I was just thinking we would just wait 3 more months for that 16 trillion...

Sat, 03/17/2012 - 00:08 | 2264365 Yen Cross
Yen Cross's picture

 I haven't taken the time, to thank you. Sudden Debt...

  Thank You. I'm Grateful for your insight,. You inspired me to post on Z/H.

     Have a  Great Weekend , Sudden Debt.

Fri, 03/16/2012 - 17:42 | 2263525 leathaface
leathaface's picture

if you are holding gold and silver, those numbers should give you a woody! (or make you wet downstairs, for the ladies here)

Fri, 03/16/2012 - 18:41 | 2263719 thatthingcanfly
thatthingcanfly's picture

There are some matters within which gender neutrality is destructive, rather than constructive.

Sat, 03/17/2012 - 14:58 | 2265192 Flagit
Fri, 03/16/2012 - 17:44 | 2263533 Belarusian Bull
Belarusian Bull's picture

State is truly an abomination.

I bet you guys laugh as hard at your official numbers in USA as i do here in Belarus.

There  is an old soviet joke :

-We are now living better! - the state said.

-We are happy for you. - the people replied.



Fri, 03/16/2012 - 17:56 | 2263575 CompassionateFascist
CompassionateFascist's picture

Or (Poland): "they pretend to pay us. we pretend to work"

Fri, 03/16/2012 - 18:08 | 2263606 magpie
magpie's picture

Revolution proclaims a centrally planned economy in the Sahara Desert.

nothing happens.

few months later, a sand shortage.

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