There is something horribly wrong with this!
Our Current Advertised National Debt: is $8.82 Trillion dollars or $29,226 per US citizen. This debt increases at a rate $1.39 billion dollars each
day.
The current US account balance is ranked worst 163rd out of 163 nations with -$862.3 billion dollars. The next worst is Spain with just -$98.6 billion
dollars. China's account balance ranks 1st place with +$179.1 billion dollars.
Source:
www.cia.gov...
%44 of US debt is held by foreign nations.
Source:
en.wikipedia.org...
Imagine the US debt as a credit card. The interest alone is $318 billion dollars per year. That means our government needs a $318 billion dollar
profit annually each year just to hold the national debt at its current level!
Source:
en.wikipedia.org...
[edit on (5/14/07) by AllSeeingI]
