Good read guys.... What a show this world has become...
"Today the total debt of Australia sits $6.12 Trillion dollars and Australia currently has no debt ceiling as it was repealed in 2013.
While that’s high, that’s nothing compared to the USA. The current US National debt is $19.954 trillion. If my calculations are right, sometime in early Feb 2017 it will hit $20 trillion. The total debt of the US including personal, business, state debt etc is near $67 trillion.
Currently the US debt ceiling has been suspended until March 17 2017, at that time Trump has 3 options.
Question
- Raise it
- Suspend it
- Abolish it
What comes after trillion?
Answer
Quadrillion ($1,000,000,000,000,000.00) – Get used to it. "
With all this debt, what's going to happen to POG? We shall see...
Read more.... https://au.investing.com/analysis/debt-burden---part-deux-200171741
- Forums
- ASX - By Stock
- Gold price
Good read guys.... What a show this world has become... "Today...
-
- There are more pages in this discussion • 3,570 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BDR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online