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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 453.99

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Feb 4 4:00 PM EST

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To: Haim R. Branisteanu who wrote (90156)	5/13/2012 6:15:56 PM
From: Hawkmoon	3 Recommendations Read Replies (1) of 220025

If we're going to add on California's portion of the Federal debt of the US, then doesn't it make sense that in analyzing Italy's national debt, we need to add in it's local, provincial, and state debt as well? I think the best way, if I understand your question correctly, is to multiply the per capital Federal debt multiplied by population of CA to arrive at the figure you are looking for. But I'm not sure that the cited National debt of Italy includes debts of it's provinces and municipalities. That would be necessary to accomplish your contrast and comparison of total debts. Btw, spendthrift governments that fail to obtain an efficient ROI for taxpayer dollars spent, are ALSO bloodsucking squids. Gov'ts seldom create wealth, but they are damn good at dividing it up and redistributing. A necessary evil in many cases, but one that has to be closely monitored and watched. Hawk

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