DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - The decline of USA: Is Obama up to the challenge?

**FloareTraurne** · 01-07-2009, 06:13 PM

On Bloomberg a special report last week said how the US is still the reserve currency of the world.

They mentioned Japan and China keep buying our treasuries, while Bernake prints money at 6% of GPD.

Let's hope this continue forever, because the cracks of draconian labour practices in the USA are showing.

The pandora box is opened.

http://www.brillig.com/debt_clock/

The estimated population of the United States is 305,416,342
so each citizen's share of this debt is $34,840.74.

The National Debt has continued to increase an average of
$3.50 billion per day since September 28, 2007!

I am not jealous, perhaps Mr Mt Lawley is (frankly, he is at the wrong place at the wrong time

) but are you still cocky over I.O.USA?

01-07-2009, 06:13 PM	#9
FloareTraurne Join Date Oct 2005 Posts 553 Senior Member	On Bloomberg a special report last week said how the US is still the reserve currency of the world. They mentioned Japan and China keep buying our treasuries, while Bernake prints money at 6% of GPD. Let's hope this continue forever, because the cracks of draconian labour practices in the USA are showing. The pandora box is opened. http://www.brillig.com/debt_clock/ The estimated population of the United States is 305,416,342 so each citizen's share of this debt is $34,840.74. The National Debt has continued to increase an average of $3.50 billion per day since September 28, 2007! I am not jealous, perhaps Mr Mt Lawley is (frankly, he is at the wrong place at the wrong time) but are you still cocky over I.O.USA?
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