Monday, February 16, 2009

Unfunded Obligations Increase to $65.5 Trillion

"Unfunded Obligations" Closing In On GWP - Gross World Product!
The National Debt is extra. So is Personal Debt. So is Business Debt.
$147.345 Trillion

$7.7 Trillion Total Money Supply (Debt - all borrowed money)
$57.0 Trillion Total Combined Debt (National, Business and Personal)
$65.5 Trillion Unfunded Obligation (Soc. Sec., Medicare, Medicaid, etc.)
$11.6 Trillion Bailouts (UPDATED)
$3.27 Trillion Stimulus
$147.345 Trillion TOTAL (updated 3/4/09)

GWP (gross world product): $70.65 trillion (2008 est.)

That means that everything the US owes, is more than twice what the Entire World can produce in a year.

Do you still think that a debt based money system is without consequences?