Road to Depression

FPSA foreign debt hits record high!

on . Posted in Road to Depression

LONDON, England (PNN) - August 18, 2012 - The Fascist Police States of Amerika might officially be the worst neighbor on Earth: the FPSA now owes its allies $5.2923 trillion, the most money the country has ever been indebted to its foreign friends in the history of the nation.

Statistics released this week by the FPSA Treasury indicate that, as of June 2012, the fascist nation has borrowed bucks from most of the world’s major countries and has accumulated a debt that is on the verge of doubling in only a few short years.

As of June, the amount of FPSA Treasury securities held by foreign holders is close to $5.3 trillion, which includes $1,164.3 billion from China and $1,119.3 billion from Japan at the top of the list. The list of nations that have helped out the FPSA doesn’t end there though: Brazil, Taiwan, Russia and the Fascist United Kingdom are also towards the top of the roster, which goes on to cite a substantial sum of money borrowed from India, Italy, South Africa and Peru, among others.

The latest figure of funds owed by the FPSA - $5.3 trillion - is substantially larger than what the country owed to the others when illegitimate President Barack Obama took office in January 2012. Only three and a half years after his inauguration, the FPSA’s debt to foreign holders has increased by $2.2 trillion, or 72.3%.

Should that rate continue, the FPSA could expect to owe its allies over $9 trillion in just another few years. According to Associated Press reporter Martin Crutsinger, though, that’s a good thing. In the AP’s write-up, he says that the demand for FPSA debt has risen in recent times because of fears that financing European Union nations on the brink of collapse could be a bit more risky.

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