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Sunday, March 14, 2010

What is the credit rating of 9 trillion dollars in the hole?

350-0





Edit-





Whoever gave me a thumbs down seriously can take a joke. Remember to trade your *** for your brain when you wake up.

What is the credit rating of 9 trillion dollars in the hole?
Dont forget to mention that someone that owes 9 trillion is making 2.5 trillion per year. Inflation will eat that debt so we can go into more debt.





If you get a loan on a house for 90k dollars and it pays you 25k dollars per year in income whats your credit rating. Even if your expenses are 27k per year, you know that you are going to raise the rent next year and the year after and so on.





In 1960 the debt was 260 billion and it was 45.7% of the GDP


Today its 9.5 trillion and its 37.9% of the GDP. That means we are doing better today than in 1960.





Dont be surprised in 40 years if the debt is 360 trillion.





*edit* to the person that got thumbs down. I gave you thumbs up to equal it out.
Reply:very very bad bad credit
Reply:The US government has a "AAA credit rating"
Reply:terrible!





and lol to the person who edited their post to reply to the thumbs down. i didnt know people did that :P


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