Secret Squirrel has pondered the horrific state of the economies of
the world, with respect to the greatest problem of all, the national
debts of each and every nation of the world. Squirrel has not pondered
idley,recall he was a student of the brilliantly minded John Kenneth
Galbraith,teaching in Montreal at the Sir George Williams Night High
School,where Squirrel was priviledged to be allowed to learn in the
class he taught,Galbraith the great American economist and writer of
many books concerning economics and economies on the national and global
scale,and who was the
economic adviser to the American President,
John Fitzgerald Kennedy, and also of Dr. Sani,under whom Squirrel
studied, again in Montreal, at the famous and most reverend and reverred
and respected school of the Jesuit Fathers, Loyola Of Montreal(before
the time the government of the day actually seized, tho they
stated...absorbed, said grand and great
learning institution and
incorporated it in to their government school,Sir George Williams
University,sadly,Sani the great Canadian economist who was the advisor
to the Government of Canada. They would indeed be proud for Squirrel has
come up with a viable mathematical solution which would bring everybody
to a state of zero debt, and then some, for some, many, nay, all the
other nations of the world.
Interestingly it involves bringing
America's utterly horrific and ever building, and never paid national
debt to zero balance with respect to the other nations of the world
which have a national debt as well, but, of course, far lower than that
of America's. Now let us consider.
The marketable debt of the
U.S. government has more than doubled--climbing by 106 percent--while
the present President Barack Obama,of America, was,and still is yet at
time of writing, in office,guiding the US economy,increasing from
$5,749,916,000,000 at the end of January 2009,basicly round and about
when he took(some say literally), office.Well, he
spent it, on what
nobody knows for sure, but he spent it, and having neededmoney he didn't
have, he came up with it,by simply printing up treasury certificates,
and then having the US Treasury Department, print up money for him!
Sadly other nations don't have the US Treasury Department to do that
to,and with. and then he simply spent it all, and he calls it the
national debt, refers to it as the national debt, a national debt he
keeps mysteriously adding to spending money he doesn't have.In between
all this he made certain veiled and mysterious threats
about other
nations debts,and national debt, and claiming they were insolvent,in a
state of insolvency, bankruptcy, since they had spent money they hadn't
and so were in debt from various governmental errors and mismangements
and whatever else he could think of and was threatening them all with
whatever he does and did and continues to.What the heck he's the
American President and that's what he does round and about the world.
So
Squirrel has pondered this horrific state of affairs, the general state
of affairs, involving, the nations of the world, and the global
national debt situation which the American President keeps complaining
about to to and against all the other nations of the world.Well Squirrel
has a solution which is and should be fair and equitable to and for
all.......as Squirrel a champion of the cricket pitch, where
equality,justice,fair play, and fairness rule,obviously is right for the
task and solution at hand for all.
So the US external debt
stands at $17,344,649,899,999,the next highest is Britain at
$10,090,000,000,000,so we subtract, this makes the USA total national
debt, all by itself at what would be and is $7,254,649,899,999, a global
zero figure as it were.So to be equal ,Britain, must be allowed to
spend that sum to come equal,to the zero state,the equal state, and
thence everybody else,each other nation of the world,would apply the
same mathematical formula, in all
equality and fairness,would hit in
equity zero and equal zero debt,for them, against the American,thence
taken as zero debt. But it is to be remembered that nations such as
Australia,which have far less national debt, balanced against the US
national debt, would be entitled therefore to very much more,of course
to be equal and come to zero debt in proper
fashion, and so too
other nations, all other nations, would be so entitled to apply the
mathematical formula here expounded by Squirrel.But also,of
course,remember that Singapore,Macau,British Virgin
Islands,Brunei,Leichenstein,Taiwan, and Palau, having zero national debt
to start with, and so applying Squirrel's formula,in all fairness and
equality,would thence be entitled to the full original sum of
America's national debt, $17,344,649,899,999, and good for'em as
well............!!!!! Lucky they.
It's not that easy,though,
you're saying.Well you're right. It isn't. We must factor in the nations
Public debt as well(internal as it were). Well,let's continue to be
fair now,the US internal national debt is a figure of 72.50 % against
the GDP, well that makes a profit of 27.5 % which must be applied
downwards of the aforesaid total NATIONAL external debt,since it
reflects also the GDP of the debtor nation(s).Britain's is 90% so they
only would get a 10% applied in the green column towards their final
debt free calculation,so to go to zero for America they could thence
apply
only 17.5% in actuality for the final figure each nation would thence
use, and so too every other nation of the world, in and after like and
kind,or the negatively and/or to zero as the income tax forms state. So
you see, all's well and good for everybody in the rest of the world,and
since the other nations have all been then compensated with an equality
with America, the extra cash to spend as they say fit.That leaves
America essentially at zero debt since it all balances well and
good,against each and every nation of the world, and good for them, and
good and great for the
rest of the nations of the world which now
get to spend as they will the cash they are really in all equality and
equity entitled to to bring them on par with America, the big zero
debtwise.
So you see, all that remains is for the nations of the
world, and their economists,to sit down with the Americans, explain it
all to them and say we all now each have an extra
$7,254,649,899,999(MORE,yes, indeed, I have surmised, for nations who
have less debt than Britain just mentioning that here Britain was used
as a base calculation, all other nations having less debt, their debt
figures applied, would have therefor substantially MORE than the UK
would
have,however to keep things simple for the politicians of the
world, we have to keep things simple and use the calculations for the
UK,Britain as it were,was,and still is,as yet.), to spend as we see
fit,for whatever we see fit,or actually they,being the other nations of
the world, and America doesn't as it has spent it already.But hey, the
national debts have now been cancelled and put to paid by it all, and
everybody can start to accumulate a national debt as well, however it
would only accrue once each had spent their $7,254,649,899,999 and not
before. America would start
at zero, with a clean slate, just adding
and building to the,their national debt once more, in and after the
fashion they did before, and so would rightly and justly and in all
equality, have no just cause for complaints,since after all, all nations
would be equal in their own eyes, and..............the eyes of America
now wouldn't they?
Secret Squirrel,
MRL,(Monster Raving Loony Party),
MP,(Dunny On The Wold),
Minister For Re-Deranged Re-Engineering.
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