US national debt will have surpassed that in about a years time:
http://www.brillig.com/debt_clock/
Keep pressing refresh
http://www.brillig.com/debt_clock/
Keep pressing refresh
$10 Trillion in about a years time...
- Thread starter Spit
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Yeesh almost $30,000/sec..
Soldato
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Indeed - but I think it's been paid back now, with interest.
That loan has been paid off.
So where does $10 trillion actually come from? Loans from other countries? Can't they just print $10 trillion worth of dollars and bingo, debts paid
China.
The Chinese virtually own the US these days.
Associate
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So where does $10 trillion actually come from? Loans from other countries? Can't they just print $10 trillion worth of dollars and bingo, debts paid
and the dollar would probably go down to about 10p each.
So where does $10 trillion actually come from? Loans from other countries? Can't they just print $10 trillion worth of dollars and bingo, debts paid
hehe yeh that has good historical referances. circa germany 1923.
that ended well
and the EU. the Trade deficit grows by some huge amount every hour
kinda hard to fight a war with no equipment, or army. it was by no stretch of the imagination "their" war either.
US national debt will have surpassed that in about a years time:
http://www.brillig.com/debt_clock/
Keep pressing refresh
The sad part is that it has no noticeable effect on the US economy, which simply grinds on like a giant steamroller.
Soldato
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That's how much it cost to travel into space using that weird contraption on contact was it not 
Bloody Americans, It's there fault were still just 1 planet then
Bloody Americans, It's there fault were still just 1 planet then
Soldato
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All these people commenting on China owning the EU and USA, but the consumers desire for cheaper product is as much to blame as the businessman's desire, some might argue more so, for profit.
hehe yeh that has good historical referances. circa germany 1923.
that ended well
and the EU. the Trade deficit grows by some huge amount every hour
Trade deficit isn't really to do with national debt. Government debt comes from them issuing things like bonds which are sold on the open market i.e. government sells a bond for $100 to an investor and promises to pay them $110 back in 3 years time. Bonds usually have a low rate of return but are considered extremely low risk.