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Wednesday, October 16, 2013

Who does the US Govt owe?

Here’s everybody the US Government owes money to, in one simple graphic.

pm-gov_debt_v-624[1]

Oh, and here’s the US Debt Clock. It just keeps ticking. Note, if you will, the unfunded liabilities…

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6 comments:

  1. Shane PleasanceOct 16, 2013, 1:50:00 PM

    1,000,000,000,000 = trillion
    16,000,000,000,000 = 16 trillion

    $16,000,000,000,000

    Does not look like much on paper.
    Which is all it is, really.

    ReplyDelete
  2. Shane PleasanceOct 16, 2013, 1:57:00 PM

    Debt per taxpayer in the US - nearly $150 000?
    Sweet mother of Galt.

    ReplyDelete
  3. tmOct 16, 2013, 2:46:00 PM

    To be honest thanks to America to keep the économies of the world going, no?
    I mean they are putting money all over the world and places?

    ReplyDelete
  4. Mr LineberryOct 16, 2013, 2:48:00 PM

    Are you sure about these numbers? I mean the 'Foreign' figure (if I am reading this correctly) is $5 trillion, is that correct? (it seems a lot lower than I would have expected).

    One thing about this whole debate which annoys me, due to its childishness, is the focus on the $6 trillion or so which the Government owes to itself; if my investment company lends money to my publishing company is my publishing company really in debt? (come on, don't be silly).

    But it does make chilling reading whether the true figure is $10 trillion (which I think it is) or $16 trillion and I hope the liberal Democrats are proud of themselves.

    ReplyDelete
  5. HeisenbugOct 16, 2013, 7:50:00 PM

    There's a bit of a lie in there. The Federal Reserve is not part of the Government, but rather a private concern owned by a consortium of bankers. That's $2.1B owed not to the (federal) Government, but to a private third party. And if you believe they won't want to pick up the interest and capital then you've missed all the lessons of the "bail-outs" since Lehman.

    ReplyDelete
  6. rivoniaboyOct 16, 2013, 8:39:00 PM

    This is not going to end well!

    ReplyDelete

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