I Found Some Figures by Quinta_Essentia ..... Politics Debate Forum
Date: 12/20/2008 3:19:54 PM ( 17 y ago)
Hits: 3,468
URL: https://www.curezone.org/forums/fm.asp?i=1319940
0 of 1 (0%) readers agree with this message. Hide votes What is this?
according to the Federal Reserve of NY, "There is about $829 billion dollars of U.S. currency in circulation; the majority is held outside the United States"
http://www.newyorkfed.org/aboutthefed/fedpoint/fed01.html
accroding to this site, there is about $53 Trillion in outstanding dollar denominated debt which includes household, business, financial and government sectors.
http://mwhodges.home.att.net/nat-debt/debt-nat-a.htm
you do the math.
the debt simply cannot be paid back. impossible, no way, no how. you cant pay back $53 Trillion with $829 Billion. unless my math is wrong, this simply cannot happen.
we have to reset our economy. its now being crushed by debt, a staggering mountain of debt. the debt has to be written off. there is no other way. the only other way is war, and i truly dont want to see that happen.
<< Return to the standard message view
fetched in 0.02 sec, referred by http://www.curezone.org/forums/fmp.asp?i=1319940