Ann: Update on Capital Raising and Operations , page-43

Hi jantimot,

Agree with your points and I am just nit-picking.

However, US interest payments/ revenue is circa 8%.

Reference:

http://www.zerohedge.com/news/japans-wtf-chart

Still horrendous when considering that they are borrowing circa $100b a WEEK and the FED is keeping interest rates artificially low.

It will end extremely badly at some point (not just for US looking at the other countries in the line up). A great quote:

"It doesn't matter until it does."

Cheers
John