Post
Topic
Board Economics
Re: No worries.. US debt per person only trippled from 2004-2015
by
Elwar
on 29/01/2015, 10:42:50 UTC
It is strange that that map says the US debt is $14 trillion. It is over $18 trillion by now.

its not in their best interests to  keep it updated ........its going to get bigger until it collapses
but nobody wants to say  what happens when the music stops ......
just keep printing away is all they can do now .......imagine the compounded interest on 18+ trillion


Looking at Q3 2014 it shows that the debt to GDP ratio is over 100%. This is when bad things start to happen.

Greece passed 100% in 2005. The first austerity measures were implemented in 2010 by the EU to save the Greek economy.


The United States does not have an "EU" to implement austerity measures.