Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

Total US Debt To GDP: 105%

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Zero Hedge
April 26, 2013

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.

Total US Debt To GDP: 105% Debt%20to%20GDP%20Q1%202013 0

This article was posted: Friday, April 26, 2013 at 10:20 am





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
Sony Hack: What They're Not Telling You See the rest on the Alex Jones YouTube channel.

Help Baby Olivia Survive Her First Christmas See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.