August 12, 2011

Tweet: debt, trend, threats

Dr. Kapital tweets:

U.S. external debt (shown here) stands at about 1x GDP...manageable. But the trend is bad. Threatening default didn't help, either.

3 Comments:

Blogger First Sea Lord said...

Wouldn't you know? I checked a file folder I found behind the sofa and lo and behold I completely forgot that I hold 8.7 trillion in U.S. Treasuries. I feel like I really should call someone about this.

August 12, 2011 at 10:26 PM  
Blogger The Other Front said...

Dr. Kapital tweets:

And here are your 8.7 $1 trillion coins. All better?

August 12, 2011 at 10:43 PM  
Blogger First Sea Lord said...

Heads it's the Weimar Republic, tails it's the panic of 1893.

August 13, 2011 at 9:47 AM  

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