Comment Re:Whimsy (Score 2, Interesting) 335
US national debt is about $9 trillion http://www.cbsnews.com/stories/2007/09/06/notebook/main3238787.shtml
You might have been thinking about the federal public debt which was $5.04 trillion.
You get from 5.04 to 9 by adding in intragovernment debt obligations which include among other things, money that individual states owe.
How the Japanese figure is arrived at seems to be less well documented though I'm sure its out there somewhere..
You might have been thinking about the federal public debt which was $5.04 trillion.
You get from 5.04 to 9 by adding in intragovernment debt obligations which include among other things, money that individual states owe.
How the Japanese figure is arrived at seems to be less well documented though I'm sure its out there somewhere..