Total US Debt To GDP: 105%

[SEE3772]

Now that we have the first estimate of Q1 GDP growth in both rate of change and absolute current dollar terms ($16,010 billion), we can finally assign the appropriate debt number, which we know on a daily basis and which was $16,771.4 billion as of March 31, to the growth number. The end result: as of March 31, 2013, the US debt/GDP was 104.8%, up from 103% as of December 31, 2012 or a debt growth rate that would make the most insolvent Eurozone nation blush. There was a time when people were concerned about this unsustainable trajectory, but then there was an infamous excel error, and now nobody cares anymore.

In fact, moar debt is moar best-er.


Why Financial Repression Will Fail

US Debt Headed Toward 200 Percent Of GDP Even After 'Fiscal Cliff' Deal

Unlimited QE + 103% Debt To GDP & Growing... Hyperstaginflation Is Virtually Assured

Fed Exit Plan May Be Redrawn As Assets Near $3 Trillion ($5 Trillion By The End Of 2014)

Stone & McCarthy Research Associates: 12/31/2013 The Federal Reserve Will Start Losing Money (Negative Net Interest Margin)

Comptroller Of The Currency: Four Of The Largest US Banks (Total Exposure To Derivatives) $207 Trillion And Growing (Total Assets) Around $4.7 Trillion

Financial Stability Board (FSB) Report: Global Shadow Banking System Rises To $67 Trillion, Just Shy Of 100% Of Global GDP

The U.S. Fiscal Gap Is Now $222 Trillion. Last Year, It Was $211 Trillion

[CJ7]

didn't someone once say estimates are like time travel ?

snick

[satexasguy]

Yeah CJ, like Obama's estimate of the cost of Obamacare.

[CJ7]

Originally Posted by satexasguy

Yeah CJ, like Obama's estimate of the cost of Obamacare.

so you admit youre bitching about something you have no idea about ..

imagine that