US Debt Reaches $18 Trillion; Surges 70% In Obama's ‘Recovery’

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TweetTotal U.S. national debt hit a new record high overnight at over $18 trillion as the Obama administration continues to pile debt onto the back of the U.S. taxpayer at a rate that would have made George W. Bush look prudent.

https://www.zerohedge.com/news/2014-1...mas-‘recovery’

[jipped genes]

Tweetyeah. as that goes up the value of our dollar goes down. i have to live on a budget............why can't our gov?

[guage]

Tweetonly time before TSHF

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TweetSept. Jobs Report Confirms Weakening Labor Market

[JsJs24]

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Sept. Jobs Report Confirms Weakening Labor Market

Peter Schiff is a man who knows what he's talking about. Glad to see another member watches him. I watched him speak as the guest speaker for a luncheon at the annual economics conference in Vegas two years in a row. I'm such a econ nerd I even got him to autograph one of my books he wrote..lol. There was a line for autographs though so I'm not the only econ nerd that got one.

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Peter Schiff is a man who knows what he's talking about. Glad to see another member watches him. I watched him speak as the guest speaker for a luncheon at the annual economics conference in Vegas two years in a row. I'm such a econ nerd I even got him to autograph one of my books he wrote..lol. There was a line for autographs though so I'm not the only econ nerd that got one.

That's awesome. I like to meet him someday. I listen to his podcasts too, very smart and the way he explains economics, even I can understand it. lol.

[JsJs24]

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That's awesome. I like to meet him someday. I listen to his podcasts too, very smart and the way he explains economics, even I can understand it. lol.

He didn't really talk to me, just signed the book. I'm into Austrian Economics, which is what Peter Schiff is into. Check out Mises.org if you want to read up on it, or perhaps you already have been. Ron Paul is also into Austrian Economics. My brother is a professor of econ and teaches a lot of Austrian type economics as well, and he is the one that got me into it. The conference I go to every year but missed this year, is called Freedom Fest. It's a 3 day conference in Vegas where you get to meet and greet a lot of authors, investors, economists, etc, and listen them speak. Kind of boring to most I'm sure but I get joy out of it.

[JsJs24]

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That's awesome. I like to meet him someday. I listen to his podcasts too, very smart and the way he explains economics, even I can understand it. lol.

By the way, if you want to watch some really good stuff from Schiff, search Youtube and watch how he predicted the recession and housing bubble burst on every news show he was interviewed by, to include Fox News, Fox Business, CNN, and others and he was laughed at by every single show and host. Now who's laughing. He called it to a tee, even went into detail to explain everything that was going to lead to it and how bad it would be.

[stacker]

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yeah. as that goes up the value of our dollar goes down. i have to live on a budget............why can't our gov?

I know, quite the irony here...we have to live on a budget as well, but those who represent us don't.

Stacker...

[jipped genes]

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I know, quite the irony here...we have to live on a budget as well, but those who represent us don't.

Stacker...

infuriating. and they keep adding programs to spend more. the debt is out of control and eventually it will crush our economy. our kids with be metaphorically fucked by these assholes

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He didn't really talk to me, just signed the book. I'm into Austrian Economics, which is what Peter Schiff is into. Check out Mises.org if you want to read up on it, or perhaps you already have been. Ron Paul is also into Austrian Economics. My brother is a professor of econ and teaches a lot of Austrian type economics as well, and he is the one that got me into it. The conference I go to every year but missed this year, is called Freedom Fest. It's a 3 day conference in Vegas where you get to meet and greet a lot of authors, investors, economists, etc, and listen them speak. Kind of boring to most I'm sure but I get joy out of it.

nice! I think you'll like some of the podcasts I listen too check them out.

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[rocky83]

TweetEveryone needs to crack open their monopoly boxes and start throwing that currency at the bank lol j/k.

[JsJs24]

TweetYep, nice choices. I can't stand Paul Krugman..lol, he is the opposite of everything sound in economics.

[apbt549]

Tweetwell the people who voted for Obama wanted change and he did just that...

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Tweet19 Trillion....


https://www.usdebtclock.org/