This Time Next US Presidential Campaign: $24.1 Trillion In Debt, 138.9% Debt/GDP | ZeroHedge

As the US debt clock shows, fast forwarding 4 years, or to February 2016, when the next presidential race will be in its final stretch, America will have $24.1 trillion in debt, about $9 trillion more than it does, now on $17.4 trillion in GDP, for a gross debt to GDP ratio of 138.9% (and Apple’s $1 trillion market cap will account for 150% of the Nasdaq… just as IBM is 125% of the DJIA). Needless to say, it will be long past game over at that point confirming that the current presidential race, with its exciting tangential detours into female fertility, moon bases, LBO IRR maximization courtesy of cost-cutting, is completely and utterly meaningless.

via This Time Next US Presidential Campaign: $24.1 Trillion In Debt, 138.9% Debt/GDP | ZeroHedge.

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