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National debt is … complicated. The question is how clear defined national debt is. Every Euro-country in Europe is not allowed to have more as 3% debt of their GDP. Germany has to reduce the amount of debt even more by own laws. Nice, right?

But if you look closer, governments fool with debt. Greece collapsed and didn’t get punishments by the EU before, because they fool really, really much. Germany is fooling their own internal numbers to fit their own made laws (f.e. money need for unemployment is just “borrowed” to the unemployment agency – even if its clear that it will never get it back).

Yeah, Germany reduced their unemployment. Great! But they just fit some rules of most countrys in the world to reduce the official number. The inofficial one, the one where the state has to pay for, is much higher.

I have the feeling like this is an ongoing trend.

Another problem you can see in Europe is what the goals of the government is. Allowed deficit limit is 3%. All the countrys fight to be in the 3% more debt a year. Why not to be on 0% or 1% plus?

I think that the finance market will crash sooner or later totally due of government debt. They push billions in the finance market, cut much in other areas and forget that they have to pay more interest in one year.

Politics is not about the people anymore. Politics is about the biggest lobby (even in countrys with direct votes like in Switzerland people can be manipulated really much by some partys as we have seen in the last yeNational debt is … complicated. The question is how clear defined national debt is. Every Euro-country in Europe is not allowed to have more as 3% debt of their GDP. Germany has to reduce the amount of debt even more by own laws. Nice, right?

But if you look closer, governments fool with debt. Greece collapsed and didn’t get punishments by the EU before, because they fool really, really much. Germany is fooling their own internal numbers to fit their own made laws (f.e. money need for unemployment is just “borrowed” to the unemployment agency – even if its clear that it will never get it back).

Yeah, Germany reduced their unemployment. Great! But they just fit some rules of most countrys in the world to reduce the official number. The inofficial one, the one where the state has to pay for, is much higher.

I have the feeling like this is an ongoing trend.

Another problem you can see in Europe is what the goals of the government is. Allowed deficit limit is 3%. All the countrys fight to be in the 3% more debt a year. Why not to be on 0% or 1% plus?

I think that the finance market will crash sooner or later totally due of government debt. They push billions in the finance market, cut much in other areas and forget that they have to pay more interest in one year.

Politics is not about the people anymore. Politics is about the biggest lobby (even in countrys with direct votes like in Switzerland people can be manipulated really much by some partys as we have seen in the last years). Sadly, it doesn’t matter too much anymore which party you vote for.

I just hope it will crash soon, else the problems gets bigger and bigger and the crash will be harder. It would be better for our children. But I think even then USA and other countrys won’t announce there M3 (Mandrake mechanism) rate anymore… good to not know how less the Dollar is worth these days… and all the other currencys. It’s an international problem.ars). Sadly, it doesn’t matter too much anymore which party you vote for.

I just hope it will crash soon, else the problems gets bigger and bigger and the crash will be harder. It would be better for our children. But I think even then USA and other countrys won’t announce there M3 (Mandrake mechanism) rate anymore… good to not know how less the Dollar is worth these days… and all the other currencys. It’s an international problem.

I do worry about the national debt. I feel like this country is on a freight train towards a brick wall. Just last night on the news, Sen. Reid wants to pass a huge spending bill before everything changes in Jan. It’s like Washington doesn’t get it. Both parties are like drunken sailors with ATM cards.

I have been thinking about the debt problem lately that I am rethinkng my own family’s future. Should we put even more into emergency savings rather than towards home-improvements? When everything crashes or collapses, how badly will it affect us?

I love the abc tv show player! Just got my iPad so learning all the new tricks!