Quote:
Originally Posted by AVGWarhawk
To be honest, I don't believe anyone has a concrete number.  |
Yes, but one thing is certain, and I said that many times: the implicit debts (that are the debts mentioned in that article) are s
everal times as big as the explicit debts (that are the ones normally referred to) that usually get mentioned to be around 16 to 19 trillion.
And it is the implicit debts that will break the backbone of this amok running system, not the explicit debts.