Surely this isnt accurate

[Jaqen Hghar]

Now, I tried to check out a bit, but I am not sure if this is accurate or not. It seems my country has no debt what so ever, and is pretty high up on the other side of the scale. This country is... Norway! With it's fjords (painstakingly designed by Slartibartfast), Norwegian Blue Parrots and polar bears in the streets! We also got the lesser know star in our star system, the Midnight Sun.

Anyway, you guys who actually got the cognitive capasity to check this... is this true? How many countries do have a clean slate, and even some money tucked away?

One thing is for sure. You guys will never pay that off. I bet you'll just ignore it till the Earth is united under one banner. Who cares then, right?

 

[Radeonx]

Yes it's fairly large. But considering that we're just so incredibly awesome, we'll pay it back. In coolness lessons.

This, America is so awesome that just by having a debt that large, other Countries want a huge debt so they can almost be as cool as us.

Radeonx ... fail!!!!

I really love how your response to my sentence is fail. It really just proves my awesome point of awesomeness.

Awesome point of awesomeness is code for a bunch of epic phail. Seriously, I hope that you are joking. You think that the world wants to end up like the United States, owing so much money that is could possibly pay for another planet for us to live on? (Hypothetically speaking of course.)

...Sigh. It was all sarcasm. I thought that was blatantly obvious. I guess not. >_>

 

[PureChaos]

that's a lot of numbers

 

[KaiRai]

How do i get to be the person who US owes all that money to?

I was just thinking that myself...

 

[AvsJoe]

How do i get to be the person who US owes all that money to?

Why would you want to be that guy? They wouldn't pay you a penny. The only perk to that is you get to run around saying that you are owed hundreds of trillions of dollars that you will never get to see.

http://en.wikipedia.org/wiki/List_of_countries_by_external_debt

I love Greenland's debt. "Do you want a check, or should I just give you my grocery money?"

Yes, it is accurate, and don't call me Shirley.

Leslie Nielsen FTW.

 

[Gebi10000]

How do i get to be the person who US owes all that money to?

I was just thinking that myself...

what the hell would you want with so much money?

even the intrest of one minute would make you insanely rich

 

[thiosk]

How do i get to be the person who US owes all that money to?

I was just thinking that myself...

The vast majority? Ourselves! The national debt is pretty bad-- 13 trillion or whatever-- but that pales in comparison to the unfunded liabilities. Thats the social security and such requirements-- the govt said they are going to pay out X dollars to Y people... and that comes out to 58 trillion dollars. All of this is funny money; it never existed and it probably won't ever exist.

Sounds like we can totally afford universal health care when we can't afford social security and prescription drug benefits.

But previous posters keep blaming bush-- yeah, bush cut a lot of taxes and didn't cut spending. Thats bad. But clinton only "balanced the budget" because the economy was in high gear (internet bubble) so revenues were high. Clinton did not cut spending or alter the government at all. When the internet bubble burst (bush's first year) revenues plummeted and the housing bubble began to inflate.

Not saying that bush was a business genius, but its sophomoric to play the bush card on everything.

 

[Nimbus]

I love Greenland's debt. "Do you want a check, or should I just give you my grocery money?"

25 Million US$ is your grocery money?

Where the fuck do you shop?!

 

[Silly_Billy]

It isn't "accurate". In that it is constantly updating probably by a formula or randomizer. But it is probably approximately correct.

I love Greenland's debt. "Do you want a check, or should I just give you my grocery money?"

25 Million US$ is your grocery money?

Where the fuck do you shop?!

It isn't where but what. Everyday he buys a small African Village food for ten billion years (according to that 15 cents a day crap)and in turn they join his growing country of Nimbus-land

 

[oppp7]

that's y every1 was against the stimulus; 1 trillion $ gone (although that's not much compared to the total dept). but does that mean that another country has a surplus from us? do ny countries owe us money like this?

 

[General Ken8]

yup, no kidding, it is that high

 

[KaiRai]

How do i get to be the person who US owes all that money to?

I was just thinking that myself...

what the hell would you want with so much money?

even the intrest of one minute would make you insanely rich

Just for shiggles really.

I'd be THE person to go out drinking with.

"I'll have a beer for everyone in this pub! In fact! I'll have this pub!"

 

[Akira Pilot]

Yes it's fairly large. But considering that we're just so incredibly awesome, we'll pay it back. In coolness lessons.

This, America is so awesome that just by having a debt that large, other Countries want a huge debt so they can almost be as cool as us.

Radeonx ... fail!!!!

I really love how your response to my sentence is fail. It really just proves my awesome point of awesomeness.

Awesome point of awesomeness is code for a bunch of epic phail. Seriously, I hope that you are joking. You think that the world wants to end up like the United States, owing so much money that is could possibly pay for another planet for us to live on? (Hypothetically speaking of course.)

...Sigh. It was all sarcasm. I thought that was blatantly obvious. I guess not. >_>

I'll give you the benefit, in that case...
Akira Pilot... fail.
I can admit I made a mistake I suppose.

 

[Magnatek]

It is sad to say that yes, that debt is indeed accurate. We have paid so much out that we had to take out loans from almost every other nation. If China were to cash in on the loans we have acquired from them, it'd be safe to say that China would be our new owners, in my opinion

EDIT: Huh. It looks like they changed the design on the site from when I saw this eight months ago.

 

[Stalias]

Yes it's fairly large. But considering that we're just so incredibly awesome, we'll pay it back. In coolness lessons.

*high-five*


Actually, that debt is all thanks to one George W. Bush. See, before him, we had Clinton who actually balanced our budget. We weren't in debt. The government was taking in more money than it was spending. Then Bush came and decided to throw up on it.

So now the new administration is attempting to muddle out a way to fix it.

Clinton didn't cut taxes or end up in two wars. Once the US pulls out of Iraq in 3-5 years, military spending will go down quite a bit. Of course social security, medicare, and medicaid will just eat it up. Also, the new administration has increased the budget deficit, not including the stimulus or if the healthcare plan or cap and trade is passed.

 

[Thamous]

Yes it's fairly large. But considering that we're just so incredibly awesome, we'll pay it back. In coolness lessons.

*high-five*


Actually, that debt is all thanks to one George W. Bush. See, before him, we had Clinton who actually balanced our budget. We weren't in debt. The government was taking in more money than it was spending. Then Bush came and decided to throw up on it.

So now the new administration is attempting to muddle out a way to fix it.

Um, no he didn't. The only person to have EVER paid off America's federal debt was Andrew Jackson.

 

[thiosk]

Clinton didn't cut taxes or end up in two wars. Once the US pulls out of Iraq in 3-5 years, military spending will go down quite a bit. Of course social security, medicare, and medicaid will just eat it up. Also, the new administration has increased the budget deficit, not including the stimulus or if the healthcare plan or cap and trade is passed.

Haha not likely on the military spending. We've done a good job continuing to spend that money-- war or not.

Not that we don't need to get out of iraq --3 years ago--, but we need to close the military bases in over a hundred countries unless those countries simply pay us for the security. I'm tired of paying taxes to keep airbases in bumfookistan to prevent the shazonkas from invading the pertangas.

No thanks.

Medicare\Medicaid are the big numbers-- 40 trillion in unfunded liability last time i checked. That number makes military spending seem rather smallish.

 

[sneakypenguin]

Yes it's fairly large. But considering that we're just so incredibly awesome, we'll pay it back. In coolness lessons.

*high-five*


Actually, that debt is all thanks to one George W. Bush. See, before him, we had Clinton who actually balanced our budget. We weren't in debt. The government was taking in more money than it was spending. Then Bush came and decided to throw up on it.

So now the new administration is attempting to muddle out a way to fix it.

I think you should go look at CBO numbers of the deficit for the past 50 odd years.

Budget Deficit =/= debt.

Also after tax cuts revenue went from like 1.8B to 2.6 B a year.... We just spent a hellofalotof money. And BO+congress is just adding to it like theres no tomorrow

 

[Ghost8585]

How do i get to be the person who US owes all that money to?

Pull an Alex Mercer on one of the guys whom we do.

Why bother? You're never actually going to get it back.

 

[Jerious1154]

Yes it's fairly large. But considering that we're just so incredibly awesome, we'll pay it back. In coolness lessons.

*high-five*


Actually, that debt is all thanks to one George W. Bush. See, before him, we had Clinton who actually balanced our budget. We weren't in debt. The government was taking in more money than it was spending. Then Bush came and decided to throw up on it.

So now the new administration is attempting to muddle out a way to fix it.

Clinton didn't get rid of the debt, he got rid of the deficit. We were taking in more money than we were spending but we were still in debt, just less debt then we're in now.

http://en.wikipedia.org/wiki/List_of_countries_by_external_debt

Take a look at debt per capita.

Not that high.

Wow, that chart actually makes me feel a lot better about living in America. I feel bad for the people in Ireland and Monaco.