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|#9 - I saw that episode on AD the other day, and thought there had …||05/29/2013 on MFW somebody ask to use my...||+1|
|#25 - Yfw USA has a debt of almost 100 trillion if you count liabili… [+] (12 new replies)||05/23/2013 on Richer than the US||+18|
#53 - anonymous (05/23/2013) [-]
Well first that's the real US debt of 16-17 trillion and the 87 trillion in liabilities are two separate things all together. The first is the real current debt of the US which has been made with real agreements to the paying and borrowing money.
But the the 87 trillion in liabilities are the what the debt might be if the economy is the same and the US carries on spending the way they do, but it also takes into consideration what deals may be put in place (like free medical care, education, possibly more bubbles bursting (like the dot com bubble and possibly a housing bubble in the future)).
So at the end of the day basically it is a possibility that the US will be in that sort of debt but of course you need someone else to give you the money in order to spend it to have the debt.
Also watch this /watch?v=BBZMaAttFkc about the china to US debt relations and also this /watch?v=pG225dz89TY to explain a little bit more about china why because it nice to know more about this problem.
#85 - yourmummy (05/23/2013) [-]
No the housing bubble in the US has not totally burst yet the debt in it is still quite high. watch this on youtube to understand more about it /watch?v=bxLWm66tA also google the List of National Debt by Country on a website called economicshelp, and look at the info at intellectual takeout called "U.S. Mortgage Debt Relative to U.S. GDP and U.S. Housing Wealth".
hope this helps you.
#44 - anonymous (05/23/2013) [-]
I prefer bing
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