http://www.sovereignman.com/trends/five-complete-lies-about-americas-new-18-trillion-debt-level-15661/ (http://www.sovereignman.com/trends/five-complete-lies-about-americas-new-18-trillion-debt-level-15661/)
On October 22, 1981, the government of the United States of America accumulated an astounding $1 TRILLION in debt.
At that point, it had taken the country 74,984 days (more than 205 years) to accumulate its first trillion in debt.
It would take less than five years to accumulate its second trillion.
And as the US government just hit $18 trillion in debt on Friday afternoon, it has taken a measly 403 days to accumulate its most recent trillion.
There's so much misinformation and propaganda about this; let's examine some of the biggest lies out there about the US debt:
Who the hell is Simon Black?
Quote from: kalash on December 04, 2014, 08:50:20 PM
http://www.sovereignman.com/trends/five-complete-lies-about-americas-new-18-trillion-debt-level-15661/ (http://www.sovereignman.com/trends/five-complete-lies-about-americas-new-18-trillion-debt-level-15661/)
On October 22, 1981, the government of the United States of America accumulated an astounding $1 TRILLION in debt.
At that point, it had taken the country 74,984 days (more than 205 years) to accumulate its first trillion in debt.
It would take less than five years to accumulate its second trillion.
And as the US government just hit $18 trillion in debt on Friday afternoon, it has taken a measly 403 days to accumulate its most recent trillion.
There's so much misinformation and propaganda about this; let's examine some of the biggest lies out there about the US debt:
Let me fix your title.
Five Marxist lies about America's new $18 trillion debt level
FWIW, it's closer to 200 trillion unfunded debt, but it's just an accounting error.
Quote from: The Boo Man... on December 04, 2014, 08:56:22 PM
Who the hell is Simon Black?
I think he a guy looking to take your gold. :popcorn: