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Old October 16th, 2013, 07:24 PM   #21
jimhri
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Old October 16th, 2013, 08:15 PM   #22
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I find it disappointing that every one concentrates on the 17 trillion in treasury bonds, Please be aware that you are discussing one basic account system of this nation, the total of the unfunded liabilities is $125,540,593,725,576.30 as of a few minutes ago, for each legal citizen that is $395,730.82 in liability,

The total GDP of the US in 2012 was 15684.80 billion or 15.684 trillion.

In previous post you people are discussing as a percentage 20+- percent for interest payments of net income, so there is no reason for default.

The reality is that we have, and are deficit spent, spending hundreds of times the nations total Gross in annual exchange.

There is no way we can recover from what has already been done. EVER.

MAJOR, HUGE INFLATION MUST TAKE PLACE IN ORDER TO CONTINUE TO GENERATE REVENU TO KEEP THE LIE PROPT UP.

Prepare yourself.
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Old October 16th, 2013, 08:33 PM   #23
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basically, i agree. the only way to get out of this is to pay it off and that means LOTs and LOTs of sacrifice. unfortunately, our guberment will not reduce unearned income payments to voters and we, the earners will be left holding the bag. the guberment never talks about reducing foreign aid, stopping shipment of arms, payments to illegals, yada, yada. we, the makers, are left hold the (empty) bag.
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