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Showing posts with label US DOLLAR-- 13-- why this can kill the dollar. Show all posts
Showing posts with label US DOLLAR-- 13-- why this can kill the dollar. Show all posts

Thursday, January 31, 2008

US DOLLAR-- 13-- why this can kill the dollar

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The following data has been taken from the web posted by concerned American Economists:

1) The Outstanding US Public Debt as of 31 Jan 2008 at 03:55:29 AM GMT is: 9.6 trillions. This does not include the money owed by states, corporations, or individuals, nor does it include the money owed, for example debt held for Social Security. If, in addition, Medicaid, Social Security, etc. promises are added, this figure rises to a total of $59.7 trillion!!

2) Today's Public and private debt has grown to $50 trillion in 2007 - 67 times higher than 1990. 72% ($38 trillion) of today's debt was created since 1994.

3) The estimated population of the United States is 304,227,328. so, each American citizen's share of this debt is $36,261.56.

4) The National Debt has continued to increase an average of $1.55 billion per day since September 29, 2006!

5) The US balance of trade deficit in goods and services is $2.1 trillions in 2007.

6) By the end of 2009, the US GDP will grow in 0.0% or may fall into negative figure for first time since 1920's.

I like America. But, the Americans let their COWBOY governments to screw them up OUTRIGHT!!! LOLLLLLLLLL!

GOD BLESS AMERICA. Seriously, I wish them well!!

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