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Good read guys.... What a show this world has become... "Today...

  1. 3,149 Posts.
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    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   "Today the total debt of Australia sits $6.12 Trillion dollars and Australia currently has no debt ceiling as it was repealed in 2013.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.
    1. Raise it
    2. Suspend it
    3. Abolish it
    Question
    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
 
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