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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (234132)12/23/2009 2:21:21 PM
From: GraceZRead Replies (1) | Respond to of 306849
 
that's simply not true. we are well past the point of "a wash."


Use a TVM calculator, if you know how, and give me the NPV of your promised household SS benefit payments along with the NPV of the average Medicare benefits and get back to me with the answer.

If you want to balk at using TVM and NPV, all I can say is that is how your experts at the end of your links calculated the unfunded liabilities, so what is good for one side of the balance sheet is good for the other.

Hint: They have to be roughly equal since it is a debt we owe to ourselves.

BTW he used a figure for bailout guarantees that will never have to be paid out, NEVER (Federal Reserve commitments) that's the first big lie in the video -but hey, when you are trying to sell books....

Then calculate what an enterprise would be worth that can produce 13 trillion in profits each year with an average long term growth rate of 2%. Subtract the enterprise value of foreign direct investments in this country and add back the value of foreign direct investments in other countries (hint: this value exceeds the value of all external Federal debt). Divide the total figure among the 111 million households and you have the equity side to offset external debt of roughly 6-7 trillion.