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14 trillion dollar debt in the usa

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Old 18th May 2011, 15:43
MAGUS MAGUS is offline
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14 trillion dollar debt in the usa

America's Debt has risen to a staggering 14 TRILLION DOLLARS.
What will happen when the bubble bursts ?

YouTube - AMERICA 14 TRILLION DOLLARS IN DEBT
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Old 19th May 2011, 07:02
Duthill Duthill is offline
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China gonna send in the Receivers ?
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Old 19th May 2011, 14:01
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Scot & Co will be sending them a stern letter soon
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Old 20th May 2011, 00:35
sandy74 sandy74 is offline
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The folks in Washington must not be aware of this. Just heard we were going to give Egypt 1.3 billion in economic aid not to mention the 3 billion slated to go to Israel this year and no telling how much to other countires. They must be using monopoly money!!
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Old 20th May 2011, 01:09
Duthill Duthill is offline
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Depression Germany printed paper money and strew it around their country like confetti .
The usa tosses it's paper credit around our world in the same manner .
Does the world have to do to the one that it did to the other ?
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Old 20th May 2011, 02:53
sandy74 sandy74 is offline
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The US Government has been warned about continuing to print money. Even the chairman of the Federal Reserve recently warned Congress about it. Now there is talk about raising the debt ceiling so that we don't default on our obligations. The spending going on in Washington is insane and Americans are suffering for it and are going to continue to suffer if they can't get it under control.
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Old 20th May 2011, 05:12
Duthill Duthill is offline
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The more important issue is that those of us outside of the usa are suffering and are going to continue to suffer.

It is is well past time for a review of the u.s. dollar standard and a possible return to a precious metal standard or similar .
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