Bloomberg: "U.S. Government Interest Payments Just Exceeded Belgium's Output"

Discussion in 'Markets & Economies' started by Roswell Crash Survivor, Oct 6, 2018.

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  1. Roswell Crash Survivor

    Roswell Crash Survivor Well-Known Member Silver Stacker

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    SOURCE: http://www.bloomberg.com/news/artic...erest-payments-just-exceeded-belgium-s-output

    The Federal Reserve has already signaled it will raise the Overnight Rate by at least 4 times in 2019.
     
    Roswell Crash Survivor, Oct 6, 2018
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  2. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    Per capita debt of USA is about the same as Belgium though.

    Which worries you more?
    China $US 5.1 trillion in debt, per capita about $7k, average wage $10k
    USA $US 20 trillion in debt, per capita about $61k, average wage $47k
    Japan $US 10 trillion in debt, per capita $90k, average wage $27k
     
    Ipv6Ready, Oct 6, 2018
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  3. SilverDJ

    SilverDJ Well-Known Member

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    Australia $US 0.580 trillion in debt, per capita $24.8k average, average wage $45.8k
     
    SilverDJ, Oct 7, 2018
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  4. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    Though media goes on and on about debt, the numbers are excellent
     
    Ipv6Ready, Oct 7, 2018
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