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The Coming Crash Will Be Monumental
- Thread starter Daal
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Quote from GermanTrader:
It's one hell of alot more than $3,500. Try $3M. Do the math, add the interest over time, get the real number for each man, woman and child in the USA, except for undocumenteds, who aren't slaves to taxes.
$700 billion divided by 300 million people. That is several thousands, not several millions, German...
Ben please cut the rates one point
Quote from piezoe:
Was talking to a good friend who is also a well-known economist. He is convinced that we are going to see tremendous inflation going forward. Also, and this is just my opinion, i don't see this recession going away anytime soon. Ironically, the good Reverend Wright was correct when he said "America's chickens are coming home to roost!"
How is he hedging himself? I'd be interested to know.
Rank Order - Public debtQuote from GermanTrader:
It's one hell of alot more than $3,500. Try $3M. Do the math, add the interest over time, get the real number for each man, woman and child in the USA, except for undocumenteds, who aren't slaves to taxes.
Quote from GermanTrader:
It's one hell of alot more than $3,500. Try $3M. Do the math, add the interest over time, get the real number for each man, woman and child in the USA, except for undocumenteds, who aren't slaves to taxes.
I compounded $700 Billion at 5% a year (to be very generous) over a 30 year period, and divided it by 300 million people. I get just over $10K. Am I missing something?
Does Estonia sell bonds???
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