11 trillion ........ is the real deficit for fiscal year 2012. WOW! I'm not talking about the 16 trillion dollar national debt here.

222 trillion dollars in unfunded liabilities.

over a million dollars per working tax payer.

This number doesn't take into account the

derivatives bubble

"How 9 Banks Are Exposed To $200 Trillion Worth Of Derivatives"

[link to articles.businessinsider.com]

so let's do a little math.

Derivatives 200 trillion, plus unfunded liabilities 222 trillion

422 trillion dollars!

I also read an article stating that the Fed is now responsible for 25% of the United States GDP.

This wouldn't surprise me at all considering that we all found out that they had lent spent or borrowed over 16 trillion between the years of 2008-2010

This in an economy that is 72% based off of consumption, with no one employed in order to consume.

Trade deficits as far as the eye can see.

Military spending that accounts for 42% of the entire worlds military.

And a dollar that just got dumped in November by about half the worlds population during the Asian trade agreement which we were told we could not be a part of.

Dollar sell off within 4 months.

So how do you keep a collapsing system together

You allow your largest banks to launder their money through the drug cartels in Mexico like HSBC, then you refuse to prosecute.

You allow individuals like John Corzine to steal 1.5 billion in client funds the largest heist of "evaporated" funds in history, and not one single person goes to jail.

You allow JP Morgan to manipulate the silver market.

You buy your own treasuries

Buy your own mortgage backed securities.

You print, and pretend.

The emperor has no clothes.

Did everyone know that whenever Zimbabwe's economy collapsed they had the fastest growing stock market in the world!

What is down 14,000 if it's paid out in collapsing dollars?

nothing? really? I guess we've all heard these numbers?

Great post, 5* from me.

As he says, the dollar wants to devalue. But on the other hand, so do the euro and the Japanese yen, and the Chinese want to keep their currency pegged to the dollar ... and I guess they can't all go down at once, so it's a sort of weird stalemate.

[link to www.usdebtclock.org]

Exactly the Fed was created for one purpose, they were suppose to protect the economy and the dollar, they have failed at both.

Pay up or walk into the street with nothing and nowhere to go, oh dont forget to first pay off your cards and home loans too

But they got themselves a whole country to loot for free and they didnt even use their own money, they just counted what they were told to and gave it their blessings

Someone says you owe them for something you didnt ask for and something you didnt get.
What's to say? They can show up any time and demand payment in full, and not one of you has it.
That leaves what, exactly, as an option?

strip mining the wealth, land, gold, and slave labor of an entire nation.

spot on posts man,
add this too,
Thread: Biderman's Daily Edge: FED Printing $4 Billion in New Money Each Day Helping juice the stock market "Magic"!
i dred to think what else going on behind doors

...thats a fuk of alot of money per annum

Isn't the fake fed juiced, treasury buying, mortgage backed security buying, plunge protected, fake gdp only 16 trillion dollars a year?

So if we are spending 11 trillion, we are way way way way way past greece.

We are truly the largest debtor nation in the history of mankind.

A perfect stalemate to lead to a new international currency.

Thread: Global banking crisis? What global banking crisis? Thousands of quadrillions of hidden monies revealed to be held in multiple off ledger accounts

total derivatives market global is approaching 2 quadrillion

And now a broken debt clock.

If you do not like the score take down the score board

Keep this current quote from Obama for later in 2016

He is still selling his snake oil:


“As the economy’s improved, the deficit has gone down. It’s now dropped at the fastest rate in 60 years,” the president said. “The deficit has been cut in half since 2009 and is on a downward trajectory.”

“We don’t have an urgent deficit crisis,” the president said. “The only crisis we have is one that’s manufactured in Washington, and it’s ideological. And the basic notion is, is that we shouldn’t be helping people get health care and we shouldn’t be helping kids who can’t help themselves and whose parents are under-resourced — we shouldn’t be helping them get a leg up.”


[link to www.washingtontimes.com]

This chart is old (a few years) but the truth remains:

the reality is, while you work and labor for it, they simply print it, or create it with the stroke of a keyboard.

Enjoy your slavery

See how good illegal immigration Is. It really helps the economy. (Sarc)