Credit Card Debt Statistics 2008 ~~Financial Matters of Life ~~
Interesting debt statistics for the United States
With all the talk of recession, here are some interesting statistics debt that give a view of the seriousness of the situation really is.
· Total U.S. Consumer Credit card balances Revolving was 937.5 billion U.S. dollars in November 2007.
· The U.S. official gold reserves worth 261.5 billion U.S. dollars as of March 2008.
• The Strategic Petroleum Reserve is $ 67 billion at a market price of $ 104/barrel to $ 15/barrel discount for sour crude.
Currency · Reservations are $ 63 billion.
• The national debt, from February 2008, was $ 30.400 per person U.S. population. That equates to about $ 60,100 U.S. per capita of the working population.
° At the time of writing, is estimated debt national $ 37,000 each for every man, woman and child in the United States.
· Total Debt U.S. household was $ 11.4 billion in 2005. This included mortgage and consumer debt payments.
· Total assets of U.S. households were $ 62,500,000,000,000 in 2005. This included real estate, equipment and financial instruments like mutual funds.
• The balance of trade deficit of goods and services was 725.8 billion U.S. dollars in 2005.
· Global market capitalization for all stock markets in March was $ 43600000000000 2006.
interest · net government debt in fiscal 2007 and 2008 are estimated at about 239 billion U.S. dollars. This was estimated at about 9.5% of public expenditure.
As you can see this information before the recession could be long duration and is everyone's responsibility to take measures to survive the current crisis. You can find a way to protect yourself and your family, and out of the current crisis situation stronger with this new ebook Surviving the debt crisis .
About the Author
Craig Maugham is a pen name. Craig has a background in research and reporting but felt that the subject and content of this book was too controversial to be released under his own name.
The author has done his best to provide a balanced account of how the crisis developed and gather the best information and theories, from a wide range of sources, about how to survive the current situation and be better placed to thrive in the future.
He believes that much of what is written about the situation is colored by personal or institutional bias.
Craig says, “The size and urgency of the current situation makes people suspicious and likely to react strongly against anyone that expresses a view which they do not agree with. This could affect the public perception of myself and the various organizations which employ me from time to time.”
You can get this book today from http://www.survivingthedebtcrisis.ebooks-excel.com/
Global Crisis of American Capitalism 1/2
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