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#1
11-28-2011, 01:34 PM
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National Debt vs GDP - why does it matter?
The Outstanding Public Debt as of 28 Nov 2011 at 05:27:22 PM GMT is 15,054,997,576,083.
USA GDP is ~15,227,000,000,000. Supposedly the debt is increasing at a rate of 3,970,000,000 per day. So, let's discuss. What is going to happen and/or what does it mean to us when the debt is greater than the GDP? Anyone have a clue? [You must be logged in to view images. Log in or Register.]
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"Careful what you put out there, it could come right back & hit you smack in the face." -- Peatree, 2013
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