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Hammer
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PostPosted: Sun Mar 13, 2011 4:27 pm Reply with quote Back to top

http://www.usdebtclock.org/

little more simple to understand figured i share with the rest of the website users

The US Debt Clock was created in 1989 by New York real estate developer Seymour Durst who wanted to raise people's awareness of the rising national debt, the U.S. Debt Clock first got erected on 42nd Street close to Times Square. At that time, the national debt was at 2.7 trillion dollars.

In 2004, the original clock was dismantled and replaced by the second-generation, or the current, Debt Clock.

On September 30, 2008, the public debt exceeded $10 trillion for the first time, reaching a number so large that the debt figure won't fit on the Debt Clock anymore. It was then plans for a Debt Clock 3.0 was proposed - with two more digits to the clock's display and to be installed at the same location.

As of today, the U.S. national debt is at 11.7 trillion dollars and continuously growing, marking $38,232 of debt per U.S. citizen.


Last edited by Hammer on Sat Oct 01, 2011 11:23 am; edited 2 times in total
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DeathRex
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PostPosted: Mon Mar 14, 2011 6:13 am Reply with quote Back to top

Hammer wrote:

As of today, the U.S. national debt is at 11.7 trillion dollars and continuously growing, marking $38,232 of debt per U.S. citizen.


Our national debt is at $14.2 trillion. That quote must be a couple of months old. Razz

Our GDP is supposed to be $15 trillion, our debt should reach that by October or November, at which time, if the US government taxed 100% of everything everyone made at every stage of production, for one year, it would pay off the national debt, but everyone would loose a years pay and the value of everything would decrease by $15 trillion.

If federal goverment spending was equal to what we spent in 1965, adjusted for inflation, today we would be spending $800 billion a year, and not have a massive national debt.

Why do we have a massive national debt, spending. Politicians love to spend your dollars to make you more dependent on them, and get them re-elected. In other words, corruption.

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nathan
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PostPosted: Wed Mar 16, 2011 6:26 am Reply with quote Back to top

i know that the british debt runs in to 100s of billions of pounds of that i owe about 2000
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DeathRex
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PostPosted: Fri Mar 18, 2011 9:45 am Reply with quote Back to top

It sounds like the world monetary policy is like a big circlejerk. And the US is the queen (small q) in the middle.

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Deeadly
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PostPosted: Thu Jul 14, 2011 1:15 am Reply with quote Back to top

this is realy to hard to understand for me lol all those numbers

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WTHMrAddi
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PostPosted: Sat Jul 16, 2011 9:40 am Reply with quote Back to top

omg TOO many numbers... i hope ill find some sleep

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hydro
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PostPosted: Thu Jul 21, 2011 3:00 am Reply with quote Back to top

How about this, Th US owes nobody anything. The Debt is owed to the Fed Reserve thru the issuance of Treasury bonds. Technically we owe ourselves the interest. You see, The Federal Reserve is a PRIVATE bank. When they speak of a debt default, you never hear the name of who we would default to. Well it is a bunch of Private bankers calling themselves the Fed Reserve, Stiff the Fed, write off the money and move on. And for all of you who say we owe China, we do not, the Fed owes China, again the fed is a private bank. End the Fed, all of the US money problems go away. Default on the Banksters. Let me ask you this. if you go to your bank account and withdraw 10 dollars, do you put it back next week and pay yourself interest? of course not, so why do we charge OURSELVES interest on our nations Money. What a racket
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DeathRex
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PostPosted: Thu Nov 17, 2011 3:29 am Reply with quote Back to top

Well the national debt is REEEEEAL close to $15T. Right now it's at (hold on to your panties Mary) $14,999,041,734,513. Italy is only at $2T and it's faultering. If our interest goes up to Italy's 6.69% we're screwed.

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Kiwi-Pols
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PostPosted: Thu Nov 17, 2011 3:51 am Reply with quote Back to top

congrats they passed....

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DeathRex
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PostPosted: Thu Nov 17, 2011 9:35 am Reply with quote Back to top

I was hoping, but our government has another great achievement. Debt per citizen $47,975.

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hydro
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PostPosted: Sun Nov 27, 2011 12:18 am Reply with quote Back to top

The USA national Debt is only 1.7 Trillion. That our treasury exposure for Treasury Bonds. The Fed Reserve is a Private for Profit bank, They owe 15 Trillion, Greatest Scam in US history is convincing Americans to Pay the interest on a Private fro Profit Bank.

Your being Duped.
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hydro
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PostPosted: Sun Nov 27, 2011 12:21 am Reply with quote Back to top

There is nothing Federal about the Fed Reserve, Read the Fed Reserve act and you will see its a PRIVATE bank, and the US gov't has NO oversite authority. Thats why it took 2 years for a Partial Fake audit, that really was not an Audit.

Sound Money People, If we have sound money we have less problems. How does it feel to be a debt slave to a Private bank? Thats why you pay income tax, to service the debt (interest) to the PRIVATE for PROFIT Not Federal Fed Reserve
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DeathRex
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PostPosted: Sun Nov 27, 2011 3:25 am Reply with quote Back to top

Then why doesn't the Federal Governemt take over the Fed, and save us $300B a year?

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paingodssson
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PostPosted: Fri Dec 02, 2016 11:09 am Reply with quote Back to top

19 trillion! CAN WE HIT 20!?! FIND OUT SOON ON THE DEATH OF AMERICA!
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Hammer
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PostPosted: Fri Dec 02, 2016 11:48 am Reply with quote Back to top

its crazy i know. I hope trump can change it and bring it down with more jobs
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