Just so you know.... The current debt ceiling level for 2013 is exactly 16,699,421,000,000
Just so you know..... I did not make up those numbers, they are exact if you do some due diligence.
Here is the debt ceiling chart since 1997..... WOW!
|debt ceiling 2013|
My goodness! As you can see the total debt subject to the limit as a means of limiting govt debt it just doesn't work at all. What a mess!
This has been going on in one form or another since 1917 and even back then it did not work and never has worked. So I guess they will raise the debt limit again, this year and then have another crisis next year in 2014 also.
WHAT IF YOU KNEW WHICH WAY THE MARKET WAS ABOUT TO MOVE BEFORE IT HAPPENED? CLICK HERE To Join Our VIP ELITE GROUP -- FREE!
Powered by 123ContactForm | Report abuse