Our Debt Is More Than All the Money in the World
Posted in uncategorized on September 10th, 2010 by SayUncle | RSS 2.0 |
I saw the subject line on Twitter and thought this post was going to be about bourbon. Thanks for getting my hopes up.
Cool – now we have them by the balls!
Sounds like we have ourselves by the balls.
Well our debt may well be more than all the money in the world now, but that is why we have 30 year bonds.
Should our debt become more than 30 times the world’s money, we would be in the situation of Lehman Brothers just before they were shut down.
The Obungler spent more mony in his first two years of office then all of mankind has in its existance.
Remember, I do this to entertain me, not you.
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September 10th, 2010 at 9:08 am
I saw the subject line on Twitter and thought this post was going to be about bourbon. Thanks for getting my hopes up.
September 10th, 2010 at 12:42 pm
Cool – now we have them by the balls!
September 10th, 2010 at 1:46 pm
Sounds like we have ourselves by the balls.
September 10th, 2010 at 6:07 pm
Well our debt may well be more than all the money in the world now, but that is why we have 30 year bonds.
Should our debt become more than 30 times the world’s money, we would be in the situation of Lehman Brothers just before they were shut down.
September 13th, 2010 at 4:16 pm
The Obungler spent more mony in his first two years of office then all of mankind has in its existance.