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Old 11-08-2010, 02:25 PM   #1
topbonusescod

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Oct 2005
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Default Advanced Nations to borrow 10.2 Trillion Dollars next year.
http://blogs.wsj.com/economics/2010/...bal-borrowing/



Next year, fifteen major developed-country governments, including the U.S., Japan, the U.K., Spain and Greece, will have to raise some $10.2 trillion to repay maturing bonds and finance their budget deficits, according to estimates from the International Monetary Fund. That’s up 7% from this year, and equals 27% of their combined annual economic output.

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This is insane.. There has got to be a better way to do this than making ourselves all slaves to.. Ourselves.

We can't keep doing this.
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Old 11-08-2010, 02:26 PM   #2
MADwanker

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Default
I don't see China or India in that list anywhere.

All I see is europe, the US and Japan (US east)
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