25 October 2012 0 Comments

Switzerland’s Debt – 35% of Gross Domestic Product – Some Complain

35% debt to GDP and someone complains “At around 35 percent, Switzerland’s debt-to-gross domestic product-ratio is a very managable figure. ¬†Furthermore, in comparison with the 90% average for its neighbors in the (sic) “Euro zone” it puts that figure in a very positive perspective. Highly-rated Swiss debt is beloved by safe-haven investors, and with only […]

22 May 2012 0 Comments

Issues 2012: US Government Debt at 101.5% of GDP

The US National Debt is $15.692 trillion pushing up against debt ceiling of $16,394. Who pays for all this debt? Has the debt produced more jobs or more unemployment? ZeroHedge 1 May has some insights worth reading READ MORE ZEROHEDGE 1 May 2012 The Peter G. Peterson Foundation offers some solutions. While not free market, […]

5 September 2011 0 Comments

Pat Toomey: Budget Control Act (Debt Ceiling Raised) Does Not Change Wrong Track

Inquiring minds want to know: Is Pat Toomey the best? This baby may thank Sen. Toomey someday. US borrowing tops 100% of GDP: Treasury: The new borrowing took total public debt to $14.58 trillion, over end-2010 GDP of $14.53 trillion, and putting it in a league with highly indebted countries like Italy and Belgium. (AFP […]