It appears from what i have read that currently the USA has the following debt levels:
1. National Debt of $9.5+trillion (Correction from my post below which said $9.7+trillion - slight error, sorry);
2. Private Debt of $5.7+trillion; and
3. Unfunded commitments Federal + State and local government of $61+trillion.
http://zfacts.com/p/461.html
...and what is the US National GDP?
Isn't the USA national GDP running at around $12trillion?
Warm regards,
Mr Muzz
Moved from the "United States" forum. Original message number: 727
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