Total US Debt To GDP: 105%

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

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

snick

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

Yeah CJ, like Obama's estimate of the cost of Obamacare. Originally Posted by satexasguy

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

imagine that