The US has more per capita debt than the PIIGS

We should be very proud.

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7 Responses to The US has more per capita debt than the PIIGS

  1. notamobster says:

    Two important notes here folks:

    1) we didn’t even get to live the sweet life for a while like these folks.

    2) this is per person. Look at the population disparities and weep for the many ways your government is fucking you!

  2. AW Mens says:

    Lest we not forget the rate of increase. Wonder what this would look like if we had to endure 5 more years of Obama. Scary shit.

  3. BaconNeggs says:

    Wow, and people think Greece IOU economy is scary.

    Yet this is “only” the Government debt portion.

    Now, add in the other huge portions, personal debt and business debt and the full horror of global zombie-economics, makes you wonder, just how these massive debt to GDP ratios, still survive on bond IOUs.

  4. Locke n Load says:

    Just imagine what it will be with 4 more years…
    We’ll be at a higher debt/gdp than the PIGS by then too.

    Europe will setlle this catasrophe soon enough. Haircuts will be accepted, a new currency deal will be formulated, then things MAY return to predictability. Then the money will STOPP flowing here out of panic…
    When the panic buyers stop supporting our deficits, what then?

    We absolutely positively MUST boot that SOB and enact GROWTH policies or its over. Seriously, over. This is unquestionably our last chance. That is NOT hyperbole. It won’t be in our hands after this election, just know that.

  5. Uke says:

    Really, the only reason we aren’t in Greece’s shoes right now is because we’re such a large economy, because we’re such a large investment market. We are capable of “storing” so much of the world’s debt and investmenting.

    Were we smaller, the rest of the world would have no use for us, our dollar, our bonds. They would have put the kabosh on us just like Greece.

  6. James says:

    Everyone on this board has to understand that those in political office have no interest (pun intended) in containing the debt. They WANT it bigger. Their goal is collapse. They will say “capitalism failed” and will implement their new order. Morons (most of the population) will believe this.

    That is how serious the situation is.

  7. notamobster says:

    There have been people like Soros, cloward/piven, modern Rockefeller, and other globalists who have been actively seeking our collapse and the ultimate destruction of our liberty.

    It is very real. It is not some smoke filled room conspiracy theory. These people speak for themselves.