U.S debt clock just ticked over another 1 billion within the eight hours I have been watching it today.....It was @42Billion so as they say its about 1Billion per day accumulating plus or minus a couple of 100 thou. Today is the 23rd October, it will be approx 90 days on Jan 23rd 2014 so thats 90 days X 1 Billion...... Debt clock is presently @17T 43B as of 4pm today + 90B = 18T .33B by 23 Jan 2014 + all pocket change after that!
Because i'm bored an unemployed lol......... My prediction is that this chart will actually peak before 2020........What do you guys think? http://www.futuretimeline.net/subject/images/us-debt-graph-2020.jpg
I think you need a job more than you need to worry about debt clocks. Have you tried making a pass at your centrelink case manager. If she's attractive, put a hand on her thigh. If she's a middle aged husky woman take a chocolate cake to your next appointment. Grease the wheels so to speak.
Maaaate...i been waiting all day for a response from a job interveiw i had monday....I rang fresh monday morning and GM got me straight in for an interveiw then told me he'd ring me later in the day...... Day goes on, hear nothing, give him a ring and he say i was good but he had a couple more interveiws to...... He also said again he would let me know today. Well i been waitin all bloody day for a phone call and i've heard nothing......The job was in a great location to home, work was reasonably light and pay was $25 hr..... I'm gunna have to ring him again tmrw to find out whats going on!
The End. top worrying about the $17trillion debt..There is #$700 trillion in derivatives. Find out about them and you will be really scarred. Regards Errol 43
The number of ticks in the clock is already worked out and when they're ready they'll make the clock chime loudly and switch to another reserve currency leaving the USA as a half a dozen republics after the model of the USSR. If I was in the USA I'd try to migrate to somewhere with a future, or at least move to Texas.
Guys I already know about derivatives....Bob Chapman used to talk about them all the time before he died........I'm not going there i'm just trying to establish a U.S default date......And its bloody hard! No ones actually answered my question properly yet......Will the debt rise at a steady rate or will it become more rapid like it has the last 5yrs.....If so they will hit 25T by 2018 or maybe even sooner?
It will get faster, it will hit $25.170,038,283 T on 7 Apr, do not ask me how I know that it is to hard to explain and I would have to do it on the phone and I know you are waiting for a call about that job so I do not want to tie up your phone line. The price of silver is going to jump $1.17 very shortly and then drop. Also I hate to say it but there is going to be front page headlines about the bikies in the next few days and the weather is going to be warmer over the next couple of months and I am expecting it to be cooler as next winter approaches......
If you know about derivatives then why on earth are you concerned about anything else? You only seemed concerned about economic factors and derivatives are what will take everything down, not debt ceilings lol.
Debt will rise exponentially because they will need to borrow more and more money to pay the interest, so yes the debt will rise faster and faster.
Of course the numbers are going to get bigger, that's how inflation works. If your house is paid for and you're prepared for the end, what are you worried about? Anything you can't prepare for isn't worth worrying about...
What sort of answer is that supposed to be? What drugs are you presently on? Silvers not going to appreciate as much as Gold you know?
I wonder if one day we will see the FED fire up the computer, and 'create' US$700 Trillion+ in a few keystrokes. Derivatives problem solved! OC
What kind of drugs am I on? Sometimes I think it must be the same ones you are on where did I mention gold? Every day you start a thread about some huge problem and ask questions no-one can accurately answer........ I have not checked yet but have you started another thread today about something? You need to do something to keep yourself occupied, if you are currently unemployed have you thought about volunteering? It would get you out of the house and keep you busy. Edit: just checked and yes you have started another thread about the same subject today........