Quote:
Originally Posted by Bucketlist2012
The Federal Government has between 13 to 17 trillion dollars in Debt.
The federal Governments assets are 1.4 Trillion..
35% of that is Student loan debt that they are depending on. Housing loans are only 9%. What if the Student loans are forgiven ???
There is a big problem with those numbers, and those that are not saving for a Rainy Day may be sorry..
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Brings to mind an old saying -------
Figures lie -- and liars figure......
The government probably actually has no clue where it owes and to whom and how much... it's just too many departments and way to large of numbers to ever get a handle on it. Probably a good thing nobody knows - it would be too frightening!