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CIA Report: United States Account Balance – Negative $561 Billion

THANKS OBAMA REGIME!!

Source: Central Intelligence Agency (CIA)

The Central Intelligence Agency often reports interesting tidbits in their online publication, The World Factbook. A reader sent me a link pointing towards the “current account balance” of all the countries in the world. The entry records a country’s net trade in goods and services, plus net earnings from rents, interest, profits, and dividends, and net transfer payments (such as pension funds and worker remittances) to and from the rest of the world during the period specified.

Guess who is in the lead? And guess who it towards the bottom?

China leads the world by a long shot, with Greece, Portugal and other EU countries such as France bringing up the tail-end (hence, the austerity measures, riots, etc). Of course, as we all guessed it; the United States is in dead last place with a total account deficit of a

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Added: Jun-26-2011 Occurred On: Jun-26-2011
By: star53
In:
Other News, Politics
Tags: CIA, Report, United States, Account Balance, Negative, Obama Regime
Views: 15051 | Comments: 31 | Votes: 4 | Favorites: 0 | Shared: 0 | Updates: 0 | Times used in channels: 2
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  • And it will continue until we the people decide to vote our crooked politicians out of office.
    I remember not long ago we were joking that Russia had to pay their teachers with Vodka, looking at Russias position Im not laughing anymore.

    Posted Jun-26-2011 By 

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  • now do it as a percentage of gdp...you'll see it in perspective

    US GDP $14,660,000,000,000
    trade deficit $561,000,000,000
    trade deficit as a % to GDP: 3.8%

    Posted Jun-26-2011 By 

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  • Comment of user 'dmorgan0628' has been deleted by author (after account deletion)!
  • Dem are a lot of zero's.

    Posted Jun-26-2011 By 

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  • also, keep in mind that the US spends about $700b per year importing oil

    Posted Jun-26-2011 By 

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  • If China and Saudi Arabia stop giving foreign aid to us (i.e. our banking system has been financed by China & Saudi since the early 90's); we're collectively screwed. Maybe Israel, with their budget surplus, will bail us out? After all, 1/10th of our budget goes to Israel, so they least that they can do is help bail us out.

    Posted Jun-27-2011 By 

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  • Thats because the sheeeeeeeeeeeeple don't care, wait till the collapse comes then your gonna see real panic. All americans have become are people of materialistic love. They love there materialistic crap so much that millions of them have become hoarders living in there own filth. Ask them to care about news like this and they quickly turn there heads. They have become cowards and loosers. Stuff like this would not dare happen in the 40-60's. Fools!.

    Posted Jun-27-2011 By 

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  • Impressive book keeping . How much did these arseholes " lose " in Iraq ?

    Posted Jun-26-2011 By 

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  • The account balance was negative $860 Billion in 2007.

    Posted Jun-27-2011 By 

    (1) | Report

  • "heack of a job there, Berry!!!"

    Posted Jun-26-2011 By 

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  • The "symbol" of capitalism is a welfare state, go figure.

    Posted Jun-26-2011 By 

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  • looks like we need foreign aid...

    Posted Jun-26-2011 By 

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  • Comment of user 'spartan540' has been deleted by author (after account deletion)!
  • Star misinforming as usual. I'm sure everyone knows not to believe any of the garbage he posts by now.

    Posted Jun-26-2011 By 

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    • @stevecore LINKS provided, source verified, like you think i made this up! you fuk'n piece of shit. truth hurts doesn't it little girl? dyou consider my post garbage, then don't click or comment on them in the future

      Posted Jun-27-2011 By 

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    • @star53 - Oh, but we have to post on your juvenile bullshit, you dumb fuck. Everybody is laughing at you. We look at your posts just to see what utter nonsense you've come up with. Keep it up. Everybody needs a good laugh. LOLOLOL

      Posted Jun-27-2011 By 

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    • @Charley572 Be careful Charley, star can't handle criticism or opposing points of view other than his own, evidenced by calling someone a (and I quote): 'fuk'n piece of shit' when he has nothing left in the face of logic.

      Posted Jun-28-2011 By 

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  • Yeah, we're number 1

    Regards
    USA1

    Posted Jun-27-2011 By 

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    • Comment of user 'morganson281' has been deleted by author (after account deletion)!
    • @morganson281

      No, achievement.

      Don't worry, you're still #1 in FUGLY

      Posted Dec-18-2012 By 

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  • It's amazing how Obama single handedly ruined this country. He must have been working on this since the day he was born. Since we will have a new GOP President in place after the 2012 election, everything will be fixed by July 2013, so there shouldn't be anything to worry about.

    Posted Jun-26-2011 By 

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    • @dirtbiker201 learn your history. last president to have a surplus was Clinton but that was by cutting a lot of the military and the us was still in the negative (Cold war spending) Obama Inhertited a mess from previous administrations bot Rep and Dem. The US makes so much money it would not be hard for them to turn this around if they wanted to. Not saying he's doing a great job, but he could a lot of things better!

      Posted Jun-26-2011 By 

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    • @Aariss That was due to a congressional tax cut and spending cuts orchestrated by the Republican led congress fyi, not Clinton.

      Posted Jun-26-2011 By 

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  • Saý what? Thanks Obama?? Really? Really?????? Where are these idiots coming from? bama has NOTHING to do with US depths, except hes trying to fix it! It was/is Republicans and BUSH who made that depth. Who the hell could think otherwise??

    Posted Mar-2-2012 By 

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