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US Blows Out $16.7 Trillion Debt Limit


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2013 Jul 26, 6:25am   2,381 views  4 comments

by epitaph   ➕follow (0)   💰tip   ignore  

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.

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1   Dan8267   2013 Jul 26, 6:48am  

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   2013 Jul 26, 8:13am  

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   2013 Jul 27, 6:59am  

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

4   mell   2013 Jul 27, 8:03am  

MOOARRRR MONIES!!

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