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Old 09-23-2008
Rockter Rockter is offline
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Rockter will become famous soon enough
The London Telegraph stated yesterday that the national Debt of the USA was $11.3 trillion... that's 11.3E12, or $11,300,000,000,000.

There are about 301 million souls in the USA, so each owes $37,541.
If each family averages (say) 4.3 souls, then each family owes $161,428. Interest has to be paid on that, and if it is 5%, then each year your family pays $8071, to someone else. Some of that goes to Lehman Brothers, for this year's bonuses.

In the UK, when pension commitments are factored in... taking it to about 1 trillion £, then the figure here is £15,000 per soul (about $27,000), and each family of 4.3 will owe £66,000, or about $119,000.

Take no lectures from the British as to how to balance the books.

In the UK, unemployment is rising, inflation is rising, and the National Debt is soaring. This year, about £70 billion will be added to it. Throughout the good years, it was ever-increasing. Now, with a recession almost certain, it will increase even faster.

Apparently, it's the "right thing to do".

When will it ever be the "right thing to do" to pay it back, even some of it?

Roll on the election. It's not that far away.

The sub-Prime Minister Brown is going to get anihilated, and his ever-silent hangers-on with him.

Just imagine there guys, the British people can get rid of the lot of them with a wee tick in a wee box on a bit of paper. Happily, Gordon Brown doesn't do the counting on election night.

Last edited by Rockter; 09-23-2008 at 05:58 AM.
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