OOPS. Your Flash player is missing or outdated.Click here to update your player so you can see this content.
 [ loc >> Home, Sweet Home arrow Articles, Media, and More arrow live it out arrow American Debt arrow Join the Revolution!arrow Janurary 07arrow American Debt ]  
Main Menu
Home, Sweet Home
The Original Revolutionary
Articles, Media, and More
Are You Revolutionary?
Find a Revolutionary
Track the Movement
Events and Gatherings
Bookstore (NEW!)
Free e-Books
Contact The Site Team
Search Our Site
Member Login





Lost Password?
No account yet? Register
Events Calendar
« < December 2008 > »
S M T W T F S
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3
Magazine Issues
Frank Viola's Ultimate Passion
Wolfgang Simson
February 07
Janurary 07
December 06
November 06
October 06
American Debt
Written by will samson   
Tuesday, 26 December 2006

YuanOver the holidays we were talking about all kinds of fun stuff, like Christmas memories, favorite food, best presents, and ... American national debt. Yes, I am a geek. But I made the comment that most Americans have no concept of how deep the well of debt goes in the American economy. This morning Billy Kenney sent me the following article which I share with you all here:


China's dollar reserves, America's debt

by Bill Bonner

$30 million and $80 million.

Two big numbers...and the end of the world as we have known it.

The first number is the rate at which China is adding to its reserves of foreign currencies – mostly dollars – every hour.

The second number is the rate at which America's capital – as measured by the current account – is being depleted, also by the hour.

Read the rest of the article here ...


Original content by: http://feeds.feedburner.com/~r/Willzhead/~3/66704257/american_debt.html.
Comments
Add NewSearchRSS
Write comment
Name:
Website:
Title:
UBBCode:
[b] [i] [u] [url] [quote] [code] [img] 
 
 
:angry::0:confused::cheer:B):evil::silly::dry::lol::kiss::D:pinch:
:(:shock::X:side::):P:unsure::woohoo::huh::whistle:;):s
:!::?::idea::arrow:
 
Security Image
Please input the anti-spam code that you can read in the image.

Copyright (C) 2007 Alain Georgette / Copyright (C) 2006 Frantisek Hliva. All rights reserved.

Last Updated ( Tuesday, 02 January 2007 )
 
< Prev   Next >
Featured Article
Subversive Scott Bartchy

Scott BartchyScott Bartchy is a radical. He believes in a subversive system that embraces those on the fringes of our society and seeks to establish a new way of life that goes against the status quo.

Kind of like Jesus.

Bartchy, currently the Director of the Center for the Study of Religions at UCLA, notes a great gap between the original, early form of church in the first three hundred years of Christianity, and the modern concept of doing church today.

Read More >>
In This Issue
Christianity and Conservatism
The Dance of Insanity
Genesis Denver
Church Planting Movements Video
Subversive Scott Bartchy
FJ1: The 500 Pound Gorilla
What to do, what to do!
and do you trust your King?
"Toward a Theology of Work" - Part 1
A Harvest in Bangladesh
missional
Getting the Bible Wright
Shop Our Bookstore
Most Popular
Template by Joomlateam.com | Copyright © 2006 MetroSoul. All rights reserved. Feed content property of original authors. Top