It's come to my attention that the US now owe more money than their GDP

[The Tony]

Sad times :glazer:

What say you Chief et al.....not good. Default on the debt and piss off the corporations or hyper inflate and rob the middle class?

[Snin]

108 % of GDP , WE owe over 400% ..luxemborg is over 4000%

http://en.wikipedia.org/wiki/List_of_countries_by_external_d ebt (http://en.wikipedia.org/wiki/List_of_countries_by_external_debt)

Rank Country External debt[2]
US dollars Date Per capita[3][4][5][6]
US dollars % of GDP[7][8][9]
1 United States 16,749,081,430,998 21 October 2013 52,170 106
2 United Kingdom 10,090,000,000,000 31 December 2012 160,158 406
3 Germany 5,719,000,000,000 30 June 2011 57,755 142
4 France 5,165,000,000,000 30 June 2011 74,619 182
5 Japan 3,024,000,000,000 31 December 2012 24,000 60
6 China 3,000,000,000,000 31 December 2013.[10] 396 8.7
7 Netherlands 2,655,489,600,000 30 June 2011 226,503 344
8 Luxembourg[note 1] 2,643,000,000,000 31 December 2012 3,696,467 3,443

[The Tony]

I was unaware things were so bad...................

[Pat Vegas]

on Ralph Lauren **** in the Macy's President day sale.

[The Tony]