• Sprott Money
    05/05/2016 - 06:02
    Why is a Deutsche Bank mouthpiece suggesting “negative retail deposit rates or perhaps wealth taxes”? The answer is to (supposedly) stimulate our economies.

US Debt/GDP Hits Post WW2 High 99.5% Following $55 Billion Overnight Debt Increase: Total Debt Now Over $15.1 Trillion

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Thu, 12/01/2011 - 17:20 | 1936328 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Debt, bitchez

Thu, 12/01/2011 - 17:26 | 1936333 fuu
fuu's picture

We are the 99(.5)% bitchez!

Thu, 12/01/2011 - 17:49 | 1936429 wanklord
wanklord's picture

What’s all the uproar?
It seems that most of Americans never bothered themselves to learn living within their means, save some money, plan for the future, get a decent education and avoid credit at all.

The blame must be placed specifically on the so-called Baby Boomers, a failed generation who really enjoyed the prosperity of the 50s and 60s; instead, they focused all of their deprived intellect in experimenting with all types of drugs and having very promiscuous sexual lives. These people have done nothing for this country and now they are so scared of potentially not being able to collect their government entitlements (paradoxically, they are the majority).

Therefore, America as a broken society is now paying the consequences of its own greed, lack of common sense and stupidity.

Someone said that Americans are just a bunch of stupid animals easy to manipulate and subdue. The sooner the US economy collapses the better, so the ignorant populace will finally learn NOT to live beyond their means – and stop blaming the government, since they don’t give a crap about people’s grievances.

Thu, 12/01/2011 - 17:50 | 1936436 RafterManFMJ
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Go to bed, old man!  Savin' is for chumps! How's that ZIRP working out for you?

Thu, 12/01/2011 - 18:16 | 1936502 trav7777
trav7777's picture

so what are we runnin here, 150B a month?

Thu, 12/01/2011 - 18:37 | 1936591 GeneMarchbanks
GeneMarchbanks's picture

At least.

Thu, 12/01/2011 - 19:36 | 1936723 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

We could breach the debt limit next week if the issuance is large enough.

Thu, 12/01/2011 - 20:48 | 1936863 olo - that's th...
Thu, 12/01/2011 - 22:27 | 1937063 Teamtc321
Teamtc321's picture

Hey Wankster, after you got done copy and pasting, when you coughed did you fart dust?

Thu, 12/01/2011 - 17:56 | 1936451 Bay of Pigs
Bay of Pigs's picture

Hey Wanker,

Is that all you ever do? Bash Americans all day long?

What shithole are you from anyway?

Thu, 12/01/2011 - 18:25 | 1936536 prains
prains's picture

Judeo-Gucci Off Balance Sheet Exponentialism McBitchez

Thu, 12/01/2011 - 20:46 | 1936859 smiler03
smiler03's picture

He's a kid who can't directly blame his baby boomer parents because they will spank his bottom.

Thu, 12/01/2011 - 21:05 | 1936894 r00t61
r00t61's picture

I'm pretty sure Wank is a programmed bot.  He cuts and pastes the overwhelming majority of his responses right after a story is posted and never replies to any criticisms.

Thu, 12/01/2011 - 18:07 | 1936482 saints51
saints51's picture

What about Europe? Far worse than America and allowed a union to be formed. Not that smart in my opinion. We see the outcome of that experiment everyday. Its hard to call Americans stupid animals when the Europeans look like the goat.

Thu, 12/01/2011 - 18:14 | 1936498 Stoploss
Stoploss's picture

It was also those same baby boomers that saved your mother from eating a gigantic German cock everyday during the war. Typical panzy fucking wanker. You got balls now?????

Where were your balls when we had to come rescue your pathetic asses??

Thu, 12/01/2011 - 18:26 | 1936540 dwdollar
dwdollar's picture

Oh boy the Germans... That would have been sooo bad... Besides, aren't we talking about a different generation?

Thu, 12/01/2011 - 18:26 | 1936542 GoodMorningMr.V...
GoodMorningMr.VanRumpoy...'s picture

Wrong generation. The Greatest Generation was the one that fought in WWII.


Baby boomers were their  spoiled brat childern. The "Me' generation whose parents gave them everything they wanted and enjoyed Americas new status as post war economic superpower.


Thu, 12/01/2011 - 19:29 | 1936709 Libertarian777
Libertarian777's picture

Don't u love retarded comments? You're correct, prior poster is fucking retarded. They're called 'baby boomers' because they were the POST WW2 BABY BOOM. These are the lsd, free love, woodstock generation.

And for what its worth, the US was under NO threat of german invasion. Hawaii wasn't even a US state at the time of pearl harbour. The germans overextended themselves in russia and got bogged down in winter. Not saying we shouldn't have helped europe, but don't be under any false pretenses that the usa was under threat. Only our when supply ships were under threat.

Thu, 12/01/2011 - 20:14 | 1936783 Captain Kurtz
Captain Kurtz's picture

Nobody has ever been able to give me an example of one thing that boomers contributed to society besides harsher drug laws and higher debt ceilings.


Lets take a look at a few misconceptions:


They went to the moon: wrong- the golden generation did

They fought WWII: wrong - the golden generation did

They built up our industry: wrong - again, the golden generation

Skip ahead about 20 or so years of complete unproductivity to 1980

The internet is born, the boomers must have done that: nope!  Gen X did

Get my drift??

Thu, 12/01/2011 - 20:38 | 1936840 longjohnshorts
longjohnshorts's picture


Thu, 12/01/2011 - 20:53 | 1936841 saints51
saints51's picture

Totally agree. I have argued this with baby boomers myself. I tried to tell them they did nothing for society except waste. Then they tell you how fortunate us Gen X is. Well we are and I thank the generation before the boomers for it. Not them. And Gen x and Gen Y is the truly awaken people in the society because truthfully most boomers are the gulible ones who believe anything MSM puts on that brainwashing tube. Gen X and Gen Y are the ones standing up to the elite. Its the brainwashed boomers who knock us back down for trying to be free. Again this era is doing nothing but being a waste and knocking their children and great grand children down for thinking rational. Dont believe it put on any MSM channel and listen to the shit that comes out their mouths then look who votes for the liars and watches the bullshit. Demographic majority is the boomers.

This is not meant to the boomers who are awake and know how the game is played.

Thu, 12/01/2011 - 21:34 | 1936943 Kinskian
Kinskian's picture

 Gen x and Gen Y is the truly awaken people in the society because truthfully most boomers are the gulible ones who believe anything MSM puts on that brainwashing tube. Gen X and Gen Y are the ones standing up to the elite.

You mean the generations X and Y who overwhelmingly supported the candidacy of Barack Obama, believing him to be the most transformational character in human history since Jesus Christ?

Thu, 12/01/2011 - 21:58 | 1936991 saints51
saints51's picture

Can't argue that but hard to vote for a quack like McCain at that time. Obama was a smooth talker. He said everything the people wanted to hear. Can't blame the people for him being a liar. I know a lot of obama backers that are black and white and all would take their vote back. Its kinda like ordering a product over the internet. Description says its this and that and its what you want to hear. Then you get it seeing its made in China and is a POS. Same concept. The Jesus Christ super stardom comes from MSM backed by the boomers. The boomers put him there also. Takes 2 to tango.

Sat, 12/03/2011 - 03:14 | 1941115 Captain Kurtz
Captain Kurtz's picture

and now we're supporting Ron Paul

Mon, 12/05/2011 - 17:55 | 1948439 PrinceDraxx
PrinceDraxx's picture

Steve Jobs was a baby-boomer, as is Bil Gates although, arguably Billy didn't do quite as much as Steve as regards society. Still he has managed to get a bunch of the naysayers to jump through his hoops.

These 2 are only the tip of the iceberg.

I might also add that all of us good for nothing baby boomers have paid in to the entitlement programs which have been systematically drained by our elected officials most lately to balance the budget which is impossible if they won't quit spending more than they take in.

I can hardly wait til they kick the frigging can that one last time and it falls over the edge of the cliff.

Sat, 02/25/2012 - 21:19 | 2196634 Captain Kurtz
Captain Kurtz's picture

You're right, it wasnt a ccomplete waste.  However you must feel some sort of anger towards your generation for alecting the officials that did that to your retirment accounts.  Perhaps taking whats left of everyone's social security will be the warm milk to put you back into docile submission one final time.

Thu, 12/01/2011 - 20:18 | 1936803 J 457
J 457's picture

Stoploss, please take a basic history course.  The boomers are the result of WWII. 

Thu, 12/01/2011 - 18:17 | 1936508 Piranhanoia
Piranhanoia's picture

Thou but need taketh our toys away, for we are over fond of gadgets that make loud noises and spreadeth shrapnel. Our leaders are distressed with great desire to fully please their masters and loth to relinquish their treasures.

Please, with haste forthwith, tell us how we might drive this great engine of change oh great Wankel?

Thu, 12/01/2011 - 18:26 | 1936541 quasimodo
quasimodo's picture

Cut and paste much you old fart?

Thu, 12/01/2011 - 18:57 | 1936643 topcallingtroll
topcallingtroll's picture

Yeah it is the same thing he always posts.

However I also blame boomers for this debt as well as fdr and the new deal socialists.

Thu, 12/01/2011 - 18:59 | 1936648 VyseLegendaire
VyseLegendaire's picture

Overshoot's a bitch. 

Thu, 12/01/2011 - 19:34 | 1936713 diesheepledie
diesheepledie's picture

"Someone said that Americans are just a bunch of stupid animals easy to manipulate and subdue."

Thank you. And if there are not enough stalls for them in the barn, or grain to feed them, like other animals they become unruly. And like good farmers do, they need to be put down; or at least control their breeding.

But they not nearly as docile as Zeropean animals. Hell you can get them to do anything. March into machine gun fire, load each other into ovens. Great bunch.


Thu, 12/01/2011 - 20:24 | 1936810 J 457
J 457's picture

Like it or not, Wank is partially correct.  Although I never want to see this country fall on hard times and collapse (which it WON'T), the facts remain that the boomers are largely responsible for the de-industrialization of America, and the debt, and our energy dependency, and the trade deficit, and Social Security and Mdei-Care shortfalls, and soon to be bankrupt pensions.  They were the pinnacle of American society and now my X generation must pay the price for their stupidity.

Thu, 12/01/2011 - 21:24 | 1936913 MoneyScraper
MoneyScraper's picture

Wank is DEAD ON!  Sickest, most depraved, most selfish and self centered generation in the history of mankind (and I'm tail/suck-end Baby Boom myself -- 1962).  I call it the "Ice Storm" generation (see the Ang Lee movie).  A PIG is a PIG is a PIG and it's overdue we start calling them for it (then move to gut their suck-the-marrow-from-the-earth entitlements...).  I have paid in over 100K (and my employers another 100K) to support these filthy pigs in their (useless and unproductive) "golden years" -- years I will NEVER see, having saved $600K, paid off my house in full (age 49), purchased two rental/income homes, etc. -- only to now have to work until I'm 85 just to keep pace with the value destruction The Bernanke's money printing has (and must) create to sustain these PIGS!  End the Fed and bring back Hitler's ovens.  Talk about PARASITES!  (I'm only half joking here;  Can you tell I'm fed up with these people and the almost entirely dissipated planet they've left in their flatulent exhaust trail?)

Fri, 12/02/2011 - 00:20 | 1937318 Lost1
Lost1's picture

I've often wondered how people can be so blind. The boomers believed that their entitlements would always be viable but they never thought to check the math. I've argued till i'm blue in the face with many of them way before the collapse that this system would not support the boomers when they started to retire and I've always ended up with the same answer, the government will take care of it. Almost all of the people I work with don't have a clue what's about to happen. Most don't think that the system can collapse, mind you that a slow decline might be just as likely. In the end the effect will be the same, a much lower standard of living for Americans. Pensions and entitlements that were promised but will never live up to what they thought they were going to get. The next 20 years will be vastly different that the previous 20.

Thu, 12/01/2011 - 21:41 | 1936944 Hook Line and S...
Hook Line and Sphincter's picture

Wanklord, there is something odious about your posts. Uhmmm...exact same words posted over and over again in the same context and word flow. Indeed, as someone else mentioned, you seem to be triggered by keywords.

Regardless, while the wank speaks some truth, he has forked distract the thread tongue.

Must...re-route blame to keep it off those truly to blame.

Must...use bot to re-direct minds to accepting economic condition as their own creation and not the corrupt fiat system which allowed it to exist in the first place.

Must...use soft propaganda to mislead those using emotional keywords so they do not continue to grow in opposition.

Gentle psi-


cyclops indeed

Thu, 12/01/2011 - 21:47 | 1936976 Hey Assholes
Hey Assholes's picture

Wanker, you miss the perverse incentive/disincentive tax system, inflation system that we boomers were steeped in. Plus most of us had government issued "educations" to boot.

Fortunately, I did not do well in grammer and high school, so i still know how to think critically.

I blame the government for most of the problems in the world.

They are a transitory gang of murderers, thieves and thugs whose one goal is to perpetuate the status quo.

Thu, 12/01/2011 - 23:22 | 1937187 Bansters-in-my-...
Bansters-in-my- feces's picture

Hey fuckwank.

When you say some saved money,you mean gold right.

Because if you had saved paper money you were a loser,to inflation.

And when you say some got educated,you mean brainwashed like you.

Fuck off meathead.

Thu, 12/01/2011 - 17:41 | 1936414 solgundy
solgundy's picture

the Do Nothing president, says golfing bitchez......screw everything else

Thu, 12/01/2011 - 18:15 | 1936501 CrockettAlmanac.com
CrockettAlmanac.com's picture

If the politicians would simply do nothing most of our problems would be solved.

Thu, 12/01/2011 - 18:10 | 1936483 GOSPLAN HERO
GOSPLAN HERO's picture



Dear ZH Fans,

My office chair smells like butt.

Any cleaning suggestions?


VP Joe Biden



Thu, 12/01/2011 - 21:45 | 1936969 Hook Line and S...
Hook Line and Sphincter's picture

febreeze and baking soda

stop m-bating in chair without chonies on

wash derriere prior to sitting

yes, these recommendations are directly due to experience

Thu, 12/01/2011 - 20:38 | 1936843 I am Jobe
I am Jobe's picture

Do you sit on a server rack dude.

Thu, 12/01/2011 - 20:51 | 1936875 smiler03
smiler03's picture

99% or 100%, Im getting confused, oops, cross purposes. 

Thu, 12/01/2011 - 17:22 | 1936336 CH1
CH1's picture

The curse of the compliant.

Thu, 12/01/2011 - 17:22 | 1936338 catacl1sm
catacl1sm's picture

Yeah, bitchez!

Thu, 12/01/2011 - 17:27 | 1936343 The Big Ching-aso
The Big Ching-aso's picture



Hell as soon as WW3 starts we can then start setting our sights on another record to break.

Thu, 12/01/2011 - 17:24 | 1936345 GeneMarchbanks
GeneMarchbanks's picture

Less than 100% is cause for celebration as far as I'm concerned.

Thu, 12/01/2011 - 17:54 | 1936440 lolmao500
lolmao500's picture

Yeah once you cross the 100% mark you're pretty much screwed... and it's already above the 100% mark.

And even more if the deficits go to 0$ which at some point it will have to... that means the GDP will crater at least of the amount of the deficit and then some.

Cut deficit right now to 0? GDP crashes 12% easy.

That means your GDP is now standing at 13.3 trillion and falling... with a debt of 15.11 trillion and going up. That's 113% of debt/GDP.

Thu, 12/01/2011 - 17:24 | 1936347 hugovanderbubble
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