Debt

☆ $100 Trillion Dollars In Debt: No Problem

News Analysis: In 2007, $70 Trillion Dollars was the World Governments’ reported Debt Levels. Six years later $30 Trillion Dollars was added to this Mount Everest of Debt. Many World Leaders say – “$100 Trillion Dollars In Debt: No Problem”. Their comprehension of the size of their debt is ‘Non-Existent”, many people say.

Corporations added $21 Trillion Dollars of Debt to an adjacent “Mountain” over the Six Years. Again, Investors merely shrug off the “Goliath” as though it does not exist; they are either in ‘Denial’ or not comprehending the possible deleterious nature of their creations.

The problem with the Preposterous Scale of the Debt is “It Is Almost Insurmountable” many Economists think. Paying it off will surely slow down the speed of World Economic Recoveries they submit.

It is unfortunate that many World Leaders have such poor understandings of Economics conjoined with the reality of Entropic Occurrences which Nations face from time to time. Financially, they seek ‘Short Term Relief’ which can cause “Sustained Grief” for their Citizenry.

The Financial Myopia of many World Leaders is so bad that one may consider these “Masters of the Universe” to be suffering from “Mass Economic Astigmatism”.

Reality.

Reference: http://tinyurl.com/mq2bmmj

☆ America’s $18 Trillion Dollars Of Debt Makes Replacement Of Old Cracked Dams Unlikely

News Analysis: America’s $18 Trillion Dollars Of Debt Makes Replacement Of Old Cracked Dams Unlikely (since it can ill afford such costs). Its President’s Indebting the Nation at a faster rate than the past Presidents says a lot about his knowledge of Money Management. Of course, his Minions at the U.S. Federal Reserve (Fed), with their $4 Trillion Dollars in Debt, cannot do much to help. Over his remaining Two+ Years in Office, many Economists think he will raise America’s indebtedness to over $20 Trillion Dollars and not replace Decrepit Infrastructure whatsoever. 

Allowing for continued Military Incursions overseas at an approximate estimated cost of $1 Million Dollars Per Man-Year, negates availability of Funds for Federal Domestic Improvements. In spite of his Campaign Promises to cut Military Extravagances, America maintains its largest Defense Forces in the World.

As America Gloats about its Military Strengths, Its Dams Crack. If, in Seriatim Fashion, also, Bridges Fail, and/or, there are Climatic or Geologic Perturbations, how can the Country pay for the damages incurred? “Just Print More Money” will be the answer from the ‘Fed’.

Reality.

Reference: http://tinyurl.com/monpmdr

☆ The Four+ Trillion Dollar Indebtedness ‘Joke’ On Americans

News Analysis: The Reality of Four+ Trillion Dollars of U.S. Federal Reserve Debt mustered by the ‘Brilliance’ of the departed former head of the U.S.  Federal Reserve is barely recognized by the U.S. News Media. $834+ Million Dollars was the amount that  was initially on the “Fed’s” books when the Employment Term commenced.  

In spite of the expenditures by this aforementioned Economic ‘Genius’, Unemployment in America has remained dismal. In fact more Americans than ever before are not even seeking employment.

The “Fed’s” Approach in propping up the economy, as it tried to do, was a Sophomoric Idea.  Americans (on top of this “Fed” Debt) are  being presently “Hammered” by an Ineptly Designed Health-care Law;  some people say to promote a person’s “Legacy” in American History. If one is to Talk the Talk, He must be able to Walk the Walk. Inexperienced Amateur “Wannabees” need not apply. They just “Mess Things Up”.

Unfortunately for the American Citizenry, the Four+ Trillion Dollars of “Fed” Debt will have to be dealt with by They, their Children, and Grand children; The Damage has already been done by the Person that Departed.

It is alleged than more of the Chicanery will continue by the new replacement at the “Fed” even though only scant benefits have occurred to the American Economy.

One thing Americans can be sure of, the Mass Media will discuss the Effete State of the American Economy in the most Glowing of Terms (as will be expected of Minions of the U.S. White House). Conversely, in the two forthcoming Elections, Americans who are tired of being treated as Freiers, can vote out the Inept Regime with all of its Baggage.

Reality.

Reference: http://www.cnsnews.com/news/article/ali-meyer/bernanke-leaves-fed-record-balance-sheet-4102138000000