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US Blows Out $16.7 Trillion Debt Limit

By epitaph following x   2013 Jul 26, 6:25am 1,669 views   4 comments   watch   nsfw   quote     share    


http://rt.com/business/us-treasury-debt-limit-exceeded-629/

The US Treasury has already exceeded the federal legal borrowing limit of $16.7 trillion in May. That signals the main structural problems remain unresolved putting at risk the fragile recovery.

1   Dan8267   ignore (3)   2013 Jul 26, 6:48am   ↑ like (3)   ↓ dislike (0)   quote   flag        

We won the cold war by outspending the Soviets on military expenditures and driving them to bankruptcy. Now, we are using the same strategy to eliminate ourselves. I suspect it will be just as successful. Here's to winning the war against America!

2   New Renter   ignore (11)   2013 Jul 26, 8:13am   ↑ like (2)   ↓ dislike (0)   quote   flag        

Dan8267 says

We won the cold war by outspending the Soviets on military expenditures and driving them to bankruptcy. Now, we are using the same strategy to eliminate ourselves. I suspect it will be just as successful. Here's to winning the war against America!

WE'RE #1! (in debt)

3   HEY YOU   ignore (7)   2013 Jul 27, 6:59am   ↑ like (0)   ↓ dislike (0)   quote   flag        

No problem. We can print that much this weekend or create it through Fictional Reserve Lending.

4   mell   ignore (2)   2013 Jul 27, 8:03am   ↑ like (0)   ↓ dislike (0)   quote   flag        

MOOARRRR MONIES!!


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