US added more debt on Monday than... | TigerDroppings.com
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Zach
LSU Fan
Member since May 2005
68983 posts

US added more debt on Monday than...

...1776 through Pearl Harbor.

It's only money


ZereauxSum
LSU Fan
Lot 23E
Member since Nov 2008
10176 posts

re: US added more debt on Monday than...
I know there was a point in history, or maybe a couple where the federal debt was completely paid off. So this article probably isn't completely accurate.

Still, 90+ Billion in new debt. It's obscene.


lnomm34
USA Fan
Louisiana
Member since Oct 2009
8128 posts

re: US added more debt on Monday than...


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foshizzle
LSU Fan
Washington DC metro
Member since Mar 2008
31431 posts

re: US added more debt on Monday than...
When the Treasury can sell 10 and 30 year debt at current rates, they'd be foolish not to.

Also keep in mind that $90 billion back then was an enormously bigger share of GDP. This isn't really very comparable.


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tigeralum06
LSU Fan
Member since Oct 2007
1409 posts

re: US added more debt on Monday than...
What is the US debt to asset ratio Zach?


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