It'll all be OK; the republicans have a plan.
1 Abolish taxes for all those who can actually afford to pay them.
2 Start a big war against someone who's got some oil. Or possibly some heroine. Maybe both.
Oops.
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Reply to: Addicted to debt
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Previously on "Addicted to debt"
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It's very hard to urn a profit through was nowadays.Originally posted by Mich the Tester View Post1. No
2. It won't
Although, seeing as the US has a big army and also stores much of the world's gold, it could feasibly nick someone else's gold and then say 'wanna fight about it?' Unlikely to happen though, unless some loony Republican wingnut gets into office.
Sorry, that last sentence wasn't really very reassuring was it?
Default is of course the answer, but not until they have borrowed as much as the markets will bear firs and bought gold with it.
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I don't think even Oracle or DB2 can cope with indexes that big.Originally posted by Ketchup View PostIs this index linked?
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1. NoOriginally posted by NorthWestPerm2Contr View PostIs that amount of money even comprehend-able? How would it ever be paid back?
2. It won't
Although, seeing as the US has a big army and also stores much of the world's gold, it could feasibly nick someone else's gold and then say 'wanna fight about it?' Unlikely to happen though, unless some loony Republican wingnut gets into office.
Sorry, that last sentence wasn't really very reassuring was it?Last edited by Mich the Tester; 6 September 2012, 17:19.
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Is that amount of money even comprehend-able? How would it ever be paid back?
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Would be interested to see other comparative charts, debt as %of GDP, spending over the same term, as one chart without the other is really meaninglessLies, damn lies and statistics
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That clock in times square must be going like the bloody clappers now!
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Addicted to debt

Left or right? Makes no difference, both sustain the US lifestyle with debt.Tags: None
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