Sunday, November 21, 2004

we're screwed

Some pictures are worth a thousand words. According to the Treasury Department, this picture of Alan Greenspan was worth $7,444,122,057,407.69 on 18 November, the most recent date for which the public debt has been posted.

we're screwed


The picture is from last week's banking conference, in which Greenspan warned that (duh) our record-high deficit is going to make other countries less interested in holding dollar-denominated investments.