Wednesday, February 24, 2010

U.S. Doesn’t Have a Pot to Piss In

Want to see just how broke America is?  Take a look at this chart, courtesy of the CIA’s The World Factbook, which records the following.

This entry records a country’s net trade in goods and services, plus net earnings from rents, interest, profits, and dividends, and net transfer payments (such as pension funds and worker remittances) to and from the rest of the world during the period specified. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.

Go ahead, take a look, and then you’ll understand why Jeff Quick states “We are scrod.”

Posted by John Venlet on 02/24 at 04:10 PM
(0) Comments • (0) Trackbacks • Permalink
Page 1 of 1 pages