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To: weston

Unless our goal is to collapse the whole system. Which, of course, has a lot of risk.

There is a lot of risk being in debt 14 trillion dollars. That will rise to 20-25 trillion over the next 8-10 years.

Try to imagine THAT number. Let alone 14 trillion.


36 posted on 07/28/2011 7:55:34 PM PDT by silentknight
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To: silentknight

That 14 trillion is only the what the US Government owes. The US itself owes 9 trillion, Freddie Mac and Fannie Mae owe 6 trillion; state and local government, banks mortgages, credit cards; etc, etc and etc add up to about 52 trillion debt. It’s the compounded interest that killing us.


213 posted on 07/28/2011 9:55:10 PM PDT by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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