Anyone have the number on when the interest on the debt will exceed all other revenues?
Very soon, I think by 2016 or 2015
I saw a vid on Utube the other day... basically said if the gov kept collecting taxes like it is now, but NO MONEY went for anything else except paying down the debt...
It would take 379 years.
It showed the enormity of the numbers we are talking about.
...and the rush is on to convert U.S. dollars into Chinese Yuan Renminbi.