PEOPLE I HAVE SOME SERIOUS WARNING TO SHARE WITH ALL:
I have done some scientific calculations regarding the US National Dept.
Well, In January 11, 2011 I went to usdebtclock.org website to check at the national debt clock information as of this date. It was:
The US would need to spend $354,439,051,108 more before hitting the debt ceiling and going to default.
ok, here's the deal, 30 days have passed, today is February 10, 2011 and the US national debt clock reads:
$14,134,161,465,734. So, this value minus the previous value gives us:
$ 188,600,516,842 that the US government has spend within *JUST* the past 30 days, and you all know what is worrysome? That the US government
does *NOT* have enough money keep on debting it self for 30 more days based on current spending rate. This means that the US government has:
$ 165,838,534,266 credit available till reaching ceiling/defaulting. I see some where in March 10 where the ceiling will be hit possibly
bankrupting the US dollar, or depreciating its value? or the treasury department just printing more money and hoping that the people some how didn't
noticed any of this (after all, this is BARELY even mentioned in mainstream news).
So, I guess we have 25 to 30 more days to keep on living comfortably with such great living standards, and let's see what happens after US debt bubble
Oh, and by the way, if congress does approve the US debt ceiling hike, in my opinion, that will only postpone the inevitable, MAYBE UNLESS the US
government stops spending like crazy and creating plans to start repayment of some of this debt.
That's all what I am going to say for now.
So people, start getting prepared for the worst, stock up on water, on non perishable foods, if you have the money to spend right away get solar
panels because if the US economy goes bonkers you may end up without electricity. I recommend that you go for the solar panel that is as much
efficient as possible space based, go for 120 watts 12V panel versions, (they are rectangular), you can get them in a really good price, specially at
eBay, just that you will need alot of patience to price scourge for the lowest and high performance ones. If you opt to purchase USED panels to save
on money, make sure that it is not listed as "defective".
If the US National debt does kaboom, that may set a chain reaction for other countries where things are dollarized or highly depends on the US
dollars. I think that almost the whole world will suffer as a result of this.
Good luck, and I hope for the best.
Remember, March 05~15 or so is the date based on my scaled forecast based on the previous 30 days performance. Available spending amount is not even
enough to double what US spent last 30 days, but if the US does slow down a little on its spending, then doom might happen like in march 10 to 15, if
it does not slow down, expect doom in march 05 or a little sooner.
edit on 11/2/10 by CanadaMaster because: More clarifications on my Conclusion