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National Debt hit $7 Trillion today

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Old 02-18-2004, 03:32 PM
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Epoch
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Default National Debt hit $7 Trillion today

http://www.reuters.com/newsArticle.j...toryID=4387568

That's nearly a $24,000 obligation per american... fun, huh?
Old 02-18-2004, 03:48 PM
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FourthGenHatch
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Who do we owe this money to?
Old 02-18-2004, 03:55 PM
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supapoopa
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Originally Posted by FourthGenHatch
Who do we owe this money to?
yehaa, lets go attack them.
Old 02-18-2004, 03:57 PM
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Hondaman
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Originally Posted by FourthGenHatch
Who do we owe this money to?
I beleive it's mostly to ourselves.

Edit:

Old 02-18-2004, 03:58 PM
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Maybe we should try to get pre-approved for a credit card and just keep charging it?
Old 02-18-2004, 04:02 PM
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edit: hondaman has it
Old 02-18-2004, 04:05 PM
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Originally Posted by AcuraFanatic
Maybe we should try to get pre-approved for a credit card and just keep charging it?
:chuckles:
We could find one with a no-cost balance transfer and no interest for one year then a 2.9% APR after that. Imagine if we signed up for the 10% cash back on all purchases.

I wonder what the min. monthly payment would be? :thinking:
Old 02-18-2004, 04:13 PM
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I wish I could borrow money from myself...but whenever I try, I'm all out of money. Funny how that works :thinking: h:
Old 02-18-2004, 04:14 PM
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Originally Posted by Hondaman
I beleive it's mostly to ourselves.

Edit:


Guess we have no choice but to attack ourselves. :chuckles:

DIE DEBT DIE!








anyways, debt is and always will be a part of the way our economy works. Barrowing and lending, buying and selling bonds. 7 Trillion is just out of control!!! blaahh, I need money.
Old 02-18-2004, 04:21 PM
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FourthGenHatch
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So its basically the debts of all american citizens added up?

I have 0 debts so national debt ain't got nothin on me!


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