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*** Economic Doomsday: Obama reigns over $61.6 trillion debt ***
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[quote:Comedian:MV8xNTIwNDI5XzI1MDgyODE1XzhDQTA0MUI5] [quote:Anonymous Coward 1403720] Walk like a Mormon! Time to fill the basement with food... And if nothing happens, so what? It's a good idea to have food reserves anyway. I do think SOMETHING will, unfortunately, come our way by the year's end. No, not a total economic collapse YET, but the economic woes will be much more apparent to a wider range of people. [/quote] [youtube]http://www.youtube.com/watch?v=aKl2QyHFzy0&feature=related[/youtube] [/quote]
Original Message
[
link to www.usatoday.com
]
...
The $61.6 trillion in unfunded obligations amounts to
$534,000 per household
. That's more than five times what Americans have borrowed for everything else — mortgages, car loans and other debt. It reflects the challenge as the number of retirees soars over the next 20 years and seniors try to collect on those spending promises.
Hope and change, you dopey bastards!
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