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The current Account balance

jpeyton

Moderator in SFF, Notebooks, Pre-Built/Barebones
Moderator
Aug 23, 2003
25,375
142
116
Bwahahahaha! Wait until other countries decide to collect on their loans.
 

JS80

Lifer
Oct 24, 2005
26,271
7
81
i can't wait for the comments by people with no education in international trade theory
 

JS80

Lifer
Oct 24, 2005
26,271
7
81
Originally posted by: jpeyton
Bwahahahaha! Wait until other countries decide to collect on their loans.

you mean when they have to buy US goods/investments with those US dollars?
 

acemcmac

Lifer
Mar 31, 2003
13,712
1
0
Originally posted by: DurocShark
What, exactly, is that measuring?

National debt. "current accounts" is literally the accounting way of looking at it.

The current number is WAY higher than that
 

Molondo

Platinum Member
Sep 6, 2005
2,529
1
0

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mugs

Lifer
Apr 29, 2003
48,920
46
91
Originally posted by: acemcmac
Originally posted by: DurocShark
What, exactly, is that measuring?

National debt. "current accounts" is literally the accounting way of looking at it.

The current number is WAY higher than that

I think our national debt is a few trillion more than that number.
 

mugs

Lifer
Apr 29, 2003
48,920
46
91
Originally posted by: acemcmac
Originally posted by: DurocShark
What, exactly, is that measuring?

National debt. "current accounts" is literally the accounting way of looking at it.

The current number is WAY higher than that

I think our national debt is a few trillion more than that number.

Edit:


External debt makes sense since much of our national debt is owed to Americans.
 

JS80

Lifer
Oct 24, 2005
26,271
7
81
Originally posted by: Reel
Originally posted by: acemcmac
Originally posted by: DurocShark
What, exactly, is that measuring?

National debt. "current accounts" is literally the accounting way of looking at it.

The current number is WAY higher than that

External debt: <a target=_blank class=ftalternatingbarlinklarge href="https://www.cia.gov/cia/publications/factbook/rankorder/2079rank.html">https://www.cia.gov/cia/publications/factbook/rankorder/2079rank.html</a>

someone do a debt to GDP ratio
 

randay

Lifer
May 30, 2006
11,018
216
106
Originally posted by: Molondo

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:D
 

Baked

Lifer
Dec 28, 2004
36,052
17
81
Well no shed, we have a war on drugs, war on illegals, and war on terrorism to fight. Ain't nobody else's doing it, so we gotta do all that ourselves. Being the world police costs a shed load of money. America, FVCK YEAH!