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Tag: Tyler Durden

In Q2 America Added $2.33 In Debt For Every $1.00 In GDP

Tyler Durden on 2012-07-30

As noted before, courtesy of the GDP revision, all the kneejerk reactions in the past 3 years to various GDP headlines (preliminary, first and final revisions at that), were all for nothing. In fact, today’s GDP…

US Adds $120 Billion In Debt Since Debt Ceiling Hike On Friday, $310 Billion More On Deck In Next Two Months

Tyler Durden on 2012-02-03

Remember when the US hiked its debt ceiling on Friday courtesy of a formulaic 52 affirmative votes in the Senate, giving the Treasury $1.2 trillion in dry debt powder to attempt to grow the economy one…

US Closes 2011 With Record $15.22 Trillion In Debt, Officially At 100.3% Debt/GDP

Tyler Durden on 2012-01-04

$14 Billion From Breaching Debt Ceiling. While not news to Zero Hedge readers who knew about the final debt settlement of US debt about 10 days ahead of schedule, it is now official: according to…

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