Per Household Annual Deficit Exceeds US Income Per Household

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#1 Fri, Jun 24, 2011 - 11:36am
dropout
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Per Household Annual Deficit Exceeds US Income Per Household

"The official story is that US government debt has nearly reached the Gross Domestic Product of the United States. However, it's worth noting that this total is based upon governmental accounting, the use of which would quickly put an ordinary citizen into jail for fraud if they tried to use such a standard for private business purposes."

https://www.safehaven.com/article/21441/per-household-annual-deficit-exceeds-us-income-per-household

Edited by: dropout on Nov 8, 2014 - 5:06am
Fri, Jun 24, 2011 - 2:18pm
tread_w_care
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Anybody vetted this guy?

Appears legit, but very salesy stuff going on in those articles.

Less overt than say the Motley Fool, but still, free report? Hints of how to turn 'Financial Repression' on it's ear and profit, nay, build wealth from it over time? You know what they say, if it sounds too good to be true . . .

https://the-great-retirement-experiment.com/

If anyone has dived deeply into this stuff and can vouch, please do so. It's a very compelling pitch.

"When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it." - Frederic Bastiat https://en.wikiquote.org/wiki/Fr%C3%A9d%C3%A9ric_Bastiat
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