Assuming that national debt is repaid at about $4 Bln/year, we're looking at about 20 - 30 years of debt repayment, at aproximate slice of about $25,000 per EVERY person (adult, child, retiree), broken down into convenient monthly payments for the next 360 or so months.
Now, if your family has 4 people, you're looking at your share of $100,000 war tab (not counting the accumulated interest and dollar devaluation). Give or take.
Want to chip in?
___________________
quote:
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Mar-28-2006 19:35
KeSs
Senior tranceaddict
Registered: May 2005
Location: Pittsburgh, PA
I really hope you didnt just find out how fucked we are. I hope that you were smart enough to realize this and not vote for good old George in 2004.
Mar-28-2006 19:42
Fir3start3r
Armin Acolyte
Registered: Oct 2001
Location: Toronto, ON, Canada
Apparently the national debt counter is fuXored because it's unable to display double digits lol...
___________________
"...End? No, the journey doesn't end here. Death is just another path...one that we all must take.
The grey rain-curtain of this world rolls back, and all change to silver glass...and then you see it...
...white shores...and beyond...the far green country under a swift sunrise."
Mar-28-2006 20:00
dcougar99
Senior tranceaddict
Registered: May 2003
Location:
yeah thats if we pay it today! as in the entire balance... add in all the time that it will take to pay it off with interest etc. its a lot more then 8Trill... that will actualy pay... much like when you buy a new car... longer you finance the more your payin overall. we are fuked
Mar-28-2006 20:13
HardTranceProd
Supreme tranceaddict
Registered: Jun 2004
Location: Washington DC
Whom exactly do we owe? Which countries, and for what?
And what about countries that owe us?
___________________
"The favorite American pastime is not baseball, it's moral crusades."
Mar-28-2006 21:19
Shakka
Supreme tranceaddict
Registered: Feb 2003
Location:
Re: HOOOOOOOOLY $HIT!!! US National Debt (OMG!!!)
quote:
Originally posted by emc^2
Now, if your family has 4 people, you're looking at your share of $100,000 war tab (not counting the accumulated interest and dollar devaluation). Give or take.
Want to chip in?
Funny, I didn't realize there was no national debt prior to Dubya taking office. $8T for the war alone! Croiky!
Mar-28-2006 21:33
tribu
Guest
Registered: Not Yet
Location:
quote:
Originally posted by HardTranceProd
Whom exactly do we owe? Which countries, and for what?
And what about countries that owe us?
Other countries, domestic and foreign companies, etc.
Last edited by on Mar-29-2006 at 03:53
Mar-28-2006 22:20
Lepanto
Makes you HORNY!
Registered: Jul 2005
Location: The Height of New Colossus
quote:
Originally posted by tribu
Other countries, domestic and foreign countries, etc.
Originally posted by hardcore trancer
Good luck with invading Iran.
The day will come, we dont want leaders like that of Iran in this world, maybe you do but..what do you know, your on thier side.
Mar-29-2006 04:30
stevieboy32808
==============
Registered: Mar 2005
Location: United States
Relax, the U.S. is not going to go bankrupt. There's a little thing called the debt ceiling which they will have to raise in order to avoid this.
Mar-29-2006 05:55
hardcore trancer
Mystic Mind
Registered: Jan 2002
Location: Toronto,Canada
quote:
Originally posted by Kapedan
The day will come, we dont want leaders like that of Iran in this world, maybe you do but..what do you know, your on thier side.
You really think Irans preident is any better then Bush?
You said you dont want leaders like that in the world?well thats actually how most people feel about your coward of a leader.
p.s. America doesnt have the balls or do they have the money to even atttack Iran.They will get their nukes just like pakistan and India and did and nobody will stop them.
HOOOOOOOOLY $HIT!!! US National Debt (OMG!!!)
Anti-Purple Alliance.
