PDA

View Full Version : US Debt Clock



Pages : 1 2 3 [4] 5 6 7

cris
November 5th, 2011, 08:17 AM
Morning of Oct 14th, 14.83 trillion..........6 billion dollars added since Sept 27th, (17 days). Can you imagine another 500 billion for the jobs bill? That would put us at 15.5 trillion. There is no way we can escape the debt we are under, is larger than our national economy.

Good Morning Everyone!

US Debt now at 14.956 million at the brink of 15 million......There is NO solution for the EU crisis or Greece. Italy, Portugal, Spain up on deck, batter up. The USA flirting with another downgrade in credit, hold on everyone. Can anyone or maybe anything figure out a solution to all this?

cris
November 16th, 2011, 04:51 PM
That 14 Trillion, is getting close to 15 Trillion with the interest payments adding up quickly

http://www.usdebtclock.org/


15,000,000,000,000 we made it!

jn31675
November 16th, 2011, 08:34 PM
Oh no Chris :doh how long were you watching that?

Wonder if it will be on the news???

cris
November 16th, 2011, 08:50 PM
Oh no Chris :doh how long were you watching that?

Wonder if it will be on the news???

I Just peak in every now and then, just soon waiting when the dollar is not longer the world currency, and all our lives change drastically. Hopefully, the trumpet blasts and we all will be removed from this growing mess

jn31675
November 16th, 2011, 09:01 PM
Yes Chris I agree with you. If you get any tidbits of that starting to happen, start a thread to let us know!

TonyTheTiger
November 17th, 2011, 07:38 AM
If Obama is elected again, then the debt will probably be 20+ trillion by January of 2017 if everything keeps going as is.

cris
November 19th, 2011, 06:34 AM
If Obama is elected again, then the debt will probably be 20+ trillion by January of 2017 if everything keeps going as is.

The debt will continue to rise until default, our dollar will no longer be the world currency, which will create HUGE inflation(Prices of everything soar), gas $6,$7,$8 per gallon, which with just inflation alone will destroy our economy, and then add in the gas prices, which will have a chain reaction effect on all prices. The only reason this has not happened yet, is that we are the only country that can print money, and we still hold the reserve currency.

cris
December 15th, 2011, 04:23 PM
:shocked:shocked:shocked:shocked:shocked:shocked:s hocked:shocked:shocked:shocked:shocked:shocked:sho cked:shocked:shocked:

I just looked at the interest on our debt, .....I looked at it for 2 min's....... We paid 4,000,000 (4 million dollars in 2 minutes) That's 2,000,000 a minute in interest we pay.

In one hour, that's 120,000,000 (120 million) in interest we are paying.
In 24 hours, that's 2,880,000,000(2.880 billion) in interest.
In 7 days, that's (20.16 Billion) in interest a week!
In 1 month, 31 days that (86.4 Billion) in interest a week!

We are adding almost 100 Billion to the debt just in interest each month, not including we still have more outgo than income with the economic issues. I really don't think anyone has an answer to our Debt issues. We will keep printing Money, and devaluating the Dollar. I don't know how this story will end, all I know this is a incredible circumstance and issue we are involved in.

12/15/2011..........15.12 and climbing...........

Acebopata
December 15th, 2011, 07:29 PM
10 months = one trillion dollars in interest. Invest in the Kingdom of the Lord while the money is still good. Ahem... unless you are going to be planing to preach on the street or rescue people in distress.

cris
February 5th, 2012, 05:02 PM
12/15/2011..........15.12 and climbing...........

15.3 Trillion, about 4 billion in interest each day. I saw some comments on what would happen if the dollar is removed from the world currency. First, it is uncertain that this will happen as we just continue printing whatever we need. However, as a financial advisor(I'm not giving anyone advise, just merely stating what I believe would happen) My opinion is that we are headed to either default, or the dollar will be removed from the world currency. As stated before, no-one has a solution or equation to pay down our debt, and get us out of debt. There are many many others, Portugal, Greece, Spain, Portugal, Ireland, that are in tough shape. We could have a major crash due to the credit default swaps that the 5 largest banks in the U.S. are tied to if Greece's debt is considered a default, and that would destroy our economy amongst other things. Anyway to answer the question, if the dollar is removed from the world currency, everything we buy on a daily basis will skyrocket. Imagine gas at $7 or $8 per gallon, and the only reason it's not there now is because the dollar is the world currency. Imagine what that will do to food prices, and many other items we consume daily. It is almost unimaginable that this happens, however when someone looks at this with common sense it seems like how could it not happen?

I am so happy Almighty GOD is control of all! I love you Jesus, King, Lord and Savior for ever and ever!!!!