Are You Kidding Me! Greece, the US and the horror of unfunded liabilities.

February 19, 2012 in Debt Crisis, Economy

[yframe url=’http://www.youtube.com/watch?v=8SGyVNippvA’]

Greece, the US and the horror of unfunded liabilities

Adding this $101.8 trillion to the current U.S. debt of $11.9 trillion, and taking 2009 GDP at $14.26 trillion as reported by the Bureau of Economic Analysis, the United States has total liabilities of almost 800% of GDP!

Spain 244.3%
Belgium 296.5%
Italy 364.1%
Luxembourg 376.7%
Denmark 382.5%
Ireland 405.2%
Austria 409.8%
Germany 418.2%
Sweden 430.7%
United Kingdom 442.1%
Estonia 455.6%
Malta 467.2%
Portugal 491.9%
Lithuania 497.2%
Netherlands 522.8%
Finland 539.3%
France 549.2%
Czech Republic 590.8%
Latvia 619.1%
Slovenia 758.5%
United States 797.3%
Greece 875.2%
Slovakia 1149.1%
Poland 1550.4%

Red the rest of this story here: http://elleseconomy.com/2010/02/26/unfundedliabilities/