Africa Speaks Reasoning Forum

WORLD HOT SPOTS => Media Watch => Topic started by: Ayinde on November 07, 2004, 09:09:05 AM



Title: U.S. NATIONAL DEBT CLOCK
Post by: Ayinde on November 07, 2004, 09:09:05 AM
This is not news to some, but for others, here are some figures to consider when the U.S. tries to tell other countries about fiscal management.

--Ayinde

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The U.S. debt now is 7,434,835,585,174.85...

The U.S. Debt has continued to increase an average of $1.61 billion per day since September 30, 2003!.

The estimated population of the United States is 294,735,683
so each citizen's share of this debt is $25,225.43.

http://www.brillig.com/debt_clock/


Title: Re: U.S. NATIONAL DEBT CLOCK
Post by: kristine on November 08, 2004, 01:23:29 PM
Dollar expected to fall amid China's rumoured selling

By Steve Johnson in London and Andrew Balls in Washington
Published: November 7 2004 19:43

The dollar could slide still further, in spite of hitting an all-time low against the euro last week in the wake of George W. Bush's re-election, currency traders have said.

The dollar sell-off has resumed amid fears among traders that Mr Bush's victory will bring four more years of widening US budget and current account deficits, heightened geopolitical risks and a policy of "benign neglect" of the dollar.



http://news.ft.com/cms/s/257979a6-30f4-11d9-a595-00000e2511c8.html