It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by AusiAnarchist
Errrm don't mean to ring any alarm bells for my American friends but there is no way you guys are ever going to pay that back. The rate at which your debt is climbing is well beyond the ability of your tax payers to pay. In fact you can't even pay the interest. Hmm I hope the Australian reserve currency isn't the US dollar. Ill have to look that up. Wow this is why the Chinese are selling your dollar as fast as they can. Guys take my advice get your selves about 6 months worth of food stored away. If OPEC decide to jump ship to say the Euro, looking at those figures I don't see that they will have much choice, it will be wheel barrow full of money for a loaf of bread time.