US to hit new debt ceiling by...MONDAY!

[peilthetraveler]

http://www.zerohedge.com/news/here-we-go-again-us-breach-transitory-debt-ceiling-monday

We are about to hit 100% debt to GDP too...something that has not happened since post WWII.

I wonder why no mainstream media is covering this?

 

[AaronAllen]

The last time they just kicked the can down the road.

Then they acted surprised S&P downgraded like they did...

Japan is about 200% ratio or so.

Crazy hey..

 

[Eight]

MSM sucks, I haven't watched that sewer pipe empty into my living room for decades...

 

[peilthetraveler]

Quote from AaronAllen:

The last time they just kicked the can down the road.

Then they acted surprised S&P downgraded like they did...

Japan is about 200% ratio or so.

Crazy hey..

I dont know if you noticed but we are running out of road here to kicked that can down.

Yes, Japan has a 200% ratio, and because of that, the workers there work as hard as the slaving building the pyramids. They have a word in Japan called "Karoshi" which means "Death from overwork" Its one of the few countries in the world where the government reports it in its statistics.

http://en.wikipedia.org/wiki/Karōshi