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  • US government on brink of shutdown

    US government on brink of shutdown | World | DAWN.COM
    "Some people are like clouds. When they disappear it's a beautiful day"

  • #2
    won't happen
    Originally posted by Abuse this
    Get a load of this pussy, he wouldn't travel back in time to murder a baby.

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    • #3
      it will happen one day for sure

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      • #4
        US avoids shutdown with 11th-hour deal - ABC News (Australian Broadcasting Corporation)

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        • #5
          70trillion dollars debt . the end is near

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          • #6
            Originally posted by fredie View Post
            70trillion dollars debt . the end is near
            Put it all on Black
            REPENT MOTHER FUCKER
            (anarchy in english )

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            • #7
              Originally posted by shan View Post
              Put it all on Black
              it is now

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              • #8
                And the roll is on GREEN!
                Dr§han

                M.D., D.O., D.P.M., D.D.S., P.C., Ph.D.


                The Garage:
                Honda CBR 250 (2012) Tricolor{March 2012 - Oct 2012}
                Yamaha XJ6 (2013) Race Blue {February 2013}

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                • #9
                  What are the odds?

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                  • #10
                    To put it into perspective.
                    FEADCinc, PSB?

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                    • #11
                      Originally posted by fredie View Post
                      70trillion dollars debt . the end is near

                      External debt is 14trillion dollars, 97% GDP ( where 4.5trillion is owned by foreign parties, china being 1.1T and Japan almost 900B ). Remember that external debt is private + public put together.


                      This would rank the USA as the most endebted country in the world followed by the european union.


                      In the other hand though, public debt, which is government debt is at 59%, being ranked 36 place.
                      The worrying bit is the pace in which it is raising and the lack of plans to put a halt to it in the short or even medium term. If they were willing to take a cut from pensions/ millitary/ healthcare it could be dealt with.


                      No one likes short/medium term pain, specially not in election season.


                      --------

                      To put in contrast external vs public debt.

                      Luxemburg has 4000% external debt (financial hub), but only has a public debt of 15% or so. Everyone always uses External debt for the extra drama, but if we are talking soverign debt, please use public debt.

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                      • #12
                        Originally posted by Xuaxace View Post
                        If they were willing to take a cut from pensions/ millitary/ healthcare it could be dealt with.
                        If the top companies would actually pay their fare share of tax, they wouldn't have to cut anything!
                        “The truth is incontrovertible, malice may attack it, ignorance may deride it, but in the end; there it is. - W Churchill”

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                        • #13
                          Originally posted by SPman View Post
                          If the top companies would actually pay their fare share of tax, they wouldn't have to cut anything!
                          I have to agree that the USA corporate tax is a bit out of whack, while being one of the highest, it generates one of the less amount of revenue.

                          Buy you are missing the picture. Lets use Australia as an example.

                          Corporate+pretrolium+ resource tax accounts for 68Billion of tax revenue out of 322b = 21%

                          As the charts blow show, USA is 9% generating 191B, so if we standardised this to australias level = 456Billion ( an extra 265B )


                          That would bring the budget deficit to = 1.028 Trillion. Nice maths you got there Castro












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                          • #14
                            Intresting that they would rather temporarily lay off 800k national employees rather that get themselves out of their 10 year occupation of afghanistan...all in the interest of national security. What a fukn joke.

                            They should announce a 12 month evac plan and start fixing their own country before trying to change the rest of the world that doesnt want to be like them.
                            Ass is back on a Super Sport!!!

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                            • #15
                              I think the end is near.
                              Germany has recently bailed out a bunch of countries (Including Ireland) and maybe America is next on the list.
                              Germany is the strongest european country by far.

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