BPT 0.39% $1.28 beach energy limited

get in early on shale gas, page-13

  1. 8,877 Posts.
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    stayer

    Im more worried about basket case USA than Greece. Greece is just a bit player in this global debt scam.

    Heres what ross greenwood said the other day. You decide. Is this sustainable.

    Why the U.S. was downgraded:

    * U.S. Tax revenue: $2,170,000,000,000
    * Fed budget: $3,820,000,000,000
    * New debt: $1,650,000,000,000
    * National debt: $14,271,000,000,000
    * Recent budget cuts: $38,500,000,000



    Let's now remove 8 zeros and pretend it's a household budget:
    Annual family income: $21,700
    * Money the family spent: $38,200
    * New debt on the credit card: $16,500
    * Outstanding balance on the credit card: $142,710
    * Total budget cuts: $385
 
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