Total U.S. debt is at its lowest level since 2006 - discussion on Facebook
Bloomberg has published a provocative article about total US debt that is "at its lowest level since 2006". In Facebook an interesting discussion happened on this theme...
The original article is here...
The discussion follows:
Gavin McInnes Electioneering lies
Dmitry Yermolayev :)
Lorenzo Terбn #TeamAmerica
Johnny Lee Yeah right bloomy
Abdul Ghofur Choirudin Ionic
Martin Karl U.S. for teacher in
Jibril Muhammad Oh yeah?.....
Shad Dove The responses are funny.
Folks won't believe these numbers, but if the news would have been saying the
debt is the highest - then they'd believe that smh
Robert J Conway I agree
Kevin Park the private sector borrowing is down and of course, the state
borrowing will be down... if they are claiming, the federal, i'm really
surprised. i would like to see other publications post this view, so far i only
seen by bw and bloomberg and many blogs linking to this article.
Ahmed Said http://usdebtclock.org/
Heidi Lichter People just don't pay
bank loans or credit cards anymore. No credit cards left for many - say THE
Andreas Rk W USA federal system EUR
same currency different economies
Casey Badillo Interesting.... People
think what they want to think regardless of the facts!!! People do some fact
checks first before you start bashing!
Charles Randall Ewing check the
Nirmal Kumar Not able to pay off the
Rigo Martinez How many trillions?
Ata Ur Rehman cooked up figures
Miftah Wazni Stop debt start sold
Mike Kerkado yaayyyy let re elect
the prez because of that good news! GOOD GRIEF!!!!
Kevin Park it depends... 40.2 to 4
means private sector isn't hiring or investing. they have a high uncertainty. Consumer
debt of 12.7 to $11.4 trillion. Isn't a serious movement since 2008. If they
are having more capital per household due to having less households... Deleveraging
in the private sector may allow households to boost spending, which accounts
for about 70 percent of the economy, and increase their capacity to pay taxes.
Household wealth in the U.S. rose to $62.7 trillion as of June 30 from $51.2
trillion in early 2009, the Federal Reserve said Sept. 20.
that is true... which is a positive idea
Luiz Geraldo Bresciani This is tanks
to who? President Obama! Under such circumstances I would like submit following
Stacy Dale Barendse All parties know
the budget cannot be balanced. Fraction banking made sure of that. Hopefully I
can still get some BS waders before they sell out.
Stephan Jдckel Well most of that
debt was caused by REPUBLICAN policy makers..... so America write down todays
numbers.... in case you really elect Romney you will not see such low debt
figures for at least one presidential term.....
Want more debt vote Republican...... :-D
Brian Franch It just means that a
bunch of homes have been foreclosed, Surprise! Less total debt!! (Federal
government debt is the highest ever and accelerating)
Kevin Park Jackel... You don't seem
to be very good at American history. Debt isn't really aligned to a party
movement. That's what average Americans believe, because they don't study the
history. Reagan and Bush (senior) have both raised taxes
John Ha USA!
Rudi Vorster how accurate is that -
can't even believe the unemployment figures nowadays - for the past 50 + years
now its been minipulated figures its not even cooked figures they are BAKED -
SUNBAKED - NO NO NO WAIT - WAKE 'N BAKED
Aladeen Forker http://costofwar.com/
Michael Tai might be good for credit ratings in the short-term, it might also
means that the global economy is slowing down. Can the debt level keep on
decreasing with the US economy growing (even at a slow rate) ? Hopefully, the
answer is "YES", then we have a new norm here.
Stephan Jдckel @Park
...and you are evidently totally unfamiliar with US politics and economic
events.... Clintion did balance the budget after the Republicans let it run out
of hands and when the Republicans returned to power debt grew out of hands
again...... dunno why you talk about taxes when it comes to spending ......but
everybody already knows that the only people the Republican lower taxes for are
the highest earning people.....
Thyn Zar Oo thank u save the tax
returns n just cut only 3 trillion enjoy yall
This was the discussion up to October 9th, 16:00 p.m.