Comments on: $78.8 Trillion; United States Debt Obligations exceed world GDP; Monetary Collapse Looming?

By: kidwave1

kidwave1 — Fri, 29 Jan 2010 17:56:26 +0000

What does one TRILLION dollars look like? All this talk about stimulus packages and bailouts… A billion dollars… A hundred billion dollars… Eight hundred billion dollars… One TRILLION dollars… What does that look like?
watch?v=Tym9AhMNcP0

By: davidshaz20000

davidshaz20000 — Wed, 27 Jan 2010 23:35:43 +0000

Chinese are fools as US Dollar will collapse so will all Debt of china will be wiped out and china will be left with nothing more then just papers………..US Dollar is the biggest Scam of World! Muslims and Arabs going against USA which means USA will soon loose all grip on world Economy soon……..InshAllah & Ameen

By: ExhibitMan

ExhibitMan — Wed, 20 Jan 2010 19:44:44 +0000

Social Security was implemented with money that the government did have in the first place. After WW2, the U.S. had a debt of 120% of GDP, and it the SS survived. The ‘New deal’ was finianced by debt. I mean, how can Japan survivie today with its debt 170% of GDP? The debt doomsday is a myth. There’s one thing that eliminates the debt problem – that is, economic growth.

By: ExhibitMan

ExhibitMan — Wed, 20 Jan 2010 19:34:59 +0000

There’s a reason for allocation reduction. Obama adm. initiated a 350b tax cut. Most of these were targeted at social security and incomes. I mean, even if U.S. borrowed billions from China or Brazil – it is still money that first belonged to the U.S. And I think it’s a good choice that the gov. borrows from them instead of priting the money. If we did the latter, inflation would skyrock.