Posts Tagged ‘GDP’

U.S. Debt $130 Trillion; Global GDP and Money Supply Both $60 Trillion?


Saturday September 11th, 2010   •   Posted by David Theroux at 8:32pm PDT   •   1 Comment

Kevin Williamson at National Review has further discussed his June 2010 projections of total long-term, U.S. national debt being $130 trillion. In a 2008 Forbes article, economist Laurence Kotlikoff had more conservatively estimated the debt to be $70 trillion. What Williamson points out now though is that both the total, money supply of the…
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