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A very sobering analysis

Posted by Robbie53024 10 years, 7 months ago to Economics
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  • Posted by mckenziecalhoun 10 years, 7 months ago
    Did he add in the debt owed to us?
    I find it interesting they always leave that off and as a result in any comparison of nations we're never shown as a debtor nation.

    Added together, we come out in the black.
    There are problems with relying on that, however.
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  • Posted by flanap 10 years, 7 months ago
    It is not meant to be paid down....it is designed to give the illusion of stability.
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  • Posted by Kerryo 10 years, 7 months ago
    It is very sobering and not something that surprises me if his numbers are correct.

    Thanks for sharing.
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  • Posted by freedomforall 10 years, 7 months ago
    How much is debt that was issued to investors vs how much is debt only created to "save" the banks? How much exists only on the balance sheet of the fed (created as an electronic entry only)?
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