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silver spurs
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We Owe How Much?

- John Rubino - Dollar Collapse

Very well stated,sir. The US will never, I repeat, never fully repay it's debts. And when the foreign gov'ts stop buying US T-notes, it's GAME OVER .

Commented 4552 days ago

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Beginning of the headline : One of the problems with the debate over the "national debt" is that there's no generally agreed upon definition of that term.Is it what the federal government owes, or what it owes foreigners, or what the whole country, private and public sector together, owes? Does it include off-balance-sheet items and contingent liabilities? There's a hundred-trillion dollar gap between lowest and highest on this spectrum, which allows each commentator to confuse the rest of us by picking the measure that best suits their point of view... Read More

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