Debt Outstanding, GDP and Income: Who Are They Fooling?
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@AppleiLens Exactly!! Very smart. Debt should be compared to income of course. It's just another scam of the government to make the debt look smaller. It's stupid that people who are critical also compare to GDP.
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tax the rich !!! problem solved....
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The US government doesnt own GDP idk why you compare GDP to the debt.
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What attracted me to your videos at first was that the intro clips make you look like a textured face from a video game.
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I think he just said we are screwed
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Denninger - you are a damn genius
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If the US Government pegged the dollar back to silver and or gold they wouldn't be able to print themselves out of debt, has anyone considered thats actually their plan to hyperinflate? So they get can pay their creditors with what's effectively toilet paper then say "Oh my we need to fix our currency" Then their role out the Amero backed by silver and gold repegged at a new value.
My be holes in that theory I don't know, please give me your opinion on my thoughts.
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China is burying us with our own greed and debt....and they know it.
They have destroyed us without firing a single shot.
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As I know, most Chinese people dislike US bond and they consider US bond the largest Ponzi Scheme in the World, buy they have no way to change their stupid and corrupt government's policy.
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Well Saddam stopped taking USD for his oil and started taking Euros and look what happened to him.
residentzombie 2 years ago 7
Lets see if i got this right?
Debt: what we owe
GDP: how much we make
Our debt is ($100.00), but we only make ($1.00)
EndTheFedRes 2 years ago 4