USA government debt ceiling
Georgi Guninski
guninski at guninski.com
Mon Oct 5 05:42:51 PDT 2015
On Mon, Oct 05, 2015 at 02:12:18AM +0000, Zenaan Harkness wrote:
> Just found this, which has a fair bit of more current info, for those
> interested:
>
> http://english.pravda.ru/business/finance/02-10-2015/132222-usa_debt_bomb-0/
>From pravda.ru:
====
Now, the government in the USA owes $46 trillion,
US corporations owe $15 trillion, US individuals
owe $13 trillion plus there are $315 trillion in
outstanding wall street derivatives. (Few Americans
know what a derivative is, but we as a nation are
on the hook for up to $315 trillion in additional
debt because of these derivatives.) These debt
figures continue to escalate with each passing month
====
Haven't seen the debt about $315T on the interwebs,
possibly due to ignorance.
>From wikipedia which cites data from 2014 Q1
===
https://en.wikipedia.org/w/index.php?title=Financial_position_of_the_United_States&oldid=661507517
The financial position of the United States includes
assets of at least $269.6 trillion (1576% of GDP)
and debts of $145.8 trillion (852% of GDP) to produce
a net worth of at least $123.8 trillion (723% of GDP,)
[a] as of Q1 2014.
===
QUESTION:
Is there a citable reference for the debt of
$315 treeeeelion?
I mean, if I troll americans about this and cite .ru
they almost surely will call me a commie.
I don't trust pravda.ru much, but lying about numbers
which can easily be disproved doesn't appear very
likely to me.
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