Dragan
pre 12 godina
I'd like to add one point regarding the US debt. Currently their debt is 101% of GDP and growing at approximately $4 Billion dollars per day.
http://www.usdebtclock.org/
Now, that means that the US is borrowing approximately $1.4 Trillion per year to pay the bills, which means that their GDP figure is bumped up substantially because of borrowing. So their claimed GDP of $15.1 Trillion is actually really more like 15.1 - 1.4 = $13.7 Trillion, if they were to actually balance the books. Their debt is $15.3 Trillion, and 15.3/13.7 = 1.12. So the US debt is already effectively at 112% percent of GDP, which is pretty close to Italy, at 120%. I have not even included state and municipal debt here, which is another disaster. Nor have I included liabilities for the aging population in the US.
To sum it up, the US balance sheet looks like a dog's breakfast, they are on a very swift road to bankruptcy, and none of the politicians except Ron Paul are even proposing any real spending cuts. The Titanic is heading for the iceberg and the neocons and war profiteers are stepping on the gas.
Cheers!!
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