Tuesday, November 17, 2009

US Debt passes 12 Trillion

November 16 was another debt milestone (or is that millstone) with the Federal debt reaching $12,031,299,186,290.07.

The 11 trillion milestone was passed on March 17, or just under 8 months.

How long to 13 trillion? My guess is under 8 months.

1 comment:

  1. They're really putting their foot on the accelerator pedal now aren't they?? It's a race to the bottom to see which country can debase their currency first and who can go bankrupt first. So far, amongst the 1st world nations, the United States is winning the race.

    I hope everyone owns some Gold and Silver or Gold/Silver Mining stocks

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