China... -----Original Message----- From: Vivec [mailto:[email protected]] Sent: Wednesday, August 11, 2010 12:27 PM To: cf-community Subject: Re: US bankrupt and we don't even know it
Who's going to call in this debt on the United States? On 11 August 2010 12:21, Robert Munn <[email protected]> wrote: > --- > Based on the CBO's data, I calculate a fiscal gap of $202 trillion, > which is more than 15 times the official debt. This gargantuan > discrepancy between our "official" debt and our actual net > indebtedness isn't surprising. It reflects what economists call the > labeling problem. Congress has been very careful over the years to > label most of its liabilities "unofficial" to keep them off the books > and far in the ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology-Michael-Dinowitz/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:324661 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
