Tuesday, January 17, 2012

Peter Schiff: U.S. is In Worse Shape Than Europe




Growth of US Debt Over Past 50 Years

Current: $15,236,332,233,848.35

2004:       $7,379,052,696,330.32
1999:       $5,656,270,901,615.43
1994:       $4,692,749,910,013.32
1989:       $2,857,430,960,187.32
1984:       $1,572,266,000,000.00 
1979:          $826,519,000,000.00
1974:          $475,059,815,731.55
1969:          $353,720,253,841.41
1964:          $311,712,899,257.30
1959:          $284,705,907,078.22