A trillion dollars!

Posted by mortal 
Re: A trillion dollars!
Date: September 30, 2008 11:43AM
Posted by: Morbid
I read the summary of a study yesterday. Every single American, regardless of age, owes 32.000 dollars through government debt alone. So a normal household of 4 would have to raise 128.000 dollars to do their part to pay back the government debt.

Now, today they rejected the 700 billion dollar financial bail out plan, but it is very likely it will go through later in the week in different form. If that happens, the numbers mentioned will be significantly higher



It's only after we've lost everything, that we are free to do anything.
Re: A trillion dollars!
Date: September 30, 2008 12:46PM
Posted by: red 5
Does this mean that we are nearing the end of USA as the world number one force?

Are the states such as Vermont, Masechutsats, Oregon going to rebell and seek separation?

Will China grow even more because of this collapse?

Will Russa grow stronger?

How will this affect Europe?

How will this affect middle east? Israel in particular.

/serious post - serious answer please, thank you/



Re: A trillion dollars!
Date: September 30, 2008 12:49PM
Posted by: Nickv
I have one answer to every question: nobody knows.
Re: A trillion dollars!
Date: September 30, 2008 08:14PM
Posted by: harjinator
China = The Future... well it's certainly where my future lies (less than 3 years to go!!!) (Till i emigrate)

_______________________________________________________

Team Japan Owner - GPGNC
Re: A trillion dollars!
Date: September 30, 2008 08:15PM
Posted by: Nickv
Exciting :) Where will you be emigrating from?
Re: A trillion dollars!
Date: September 30, 2008 11:54PM
Posted by: airefresco
harjinator Wrote:
-------------------------------------------------------
> China = The Future... well it's certainly where
> my future lies (less than 3 years to go!!!) (Till
> i emigrate)


I agree completely with this. In my trade (air conditioning) almost every manufacturer has moved there factories to China, so almost everything we buy now comes from China. I´m sure it´s going to be the same for almost every other electrical manufacturer as well.
Re: A trillion dollars!
Date: October 01, 2008 12:05AM
Posted by: Sapo
J i m schreef:
-------------------------------------------------------
> I invite you all to come and work at my place...
> not only do you get to deal with piss and @#$%&
> but you also get to be be human punch bag!

Still the same as my work ;)

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