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  1. #1
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    Default National Debt Betting Contest

    I will award 1 oz of private mint silver to the most accurate estimator of the time
    when the US Gross Debt to GDP ratio reaches 100%.
    As of Feb 12, 2011, the ratio is 97.03% (http://www.usdebtclock.org/)


    Trivia:
    According to Rogoff, the “point of no return” is when Debt/GDP reaches 90%.
    http://www.businessinsider.com/kenne...gn-debt-2010-8

    Rules:
    -1) Post your entry on this thread, and specify the time down to the second to avoid ties. (please use eastern standard time)
    0) Entries will be taken during February 2011. As of march 1st, no new entries will be allowed.
    1) Decision of the judge (me) is final.
    2) Most accurate guess will be the winner, weather it is late or early.
    3) Data will be taken from “http://www.usdebtclock.org/”.
    5) If I am not watching when the Gross Debt to GDP ratio crosses 100%, I will extrapolate from the data I do have.
    (If someone has the ability to “film” (continuously record) the numbers, that would be greatly appreciated.)

    Last edited by Polish_Silver; 02-12-11 at 11:11 AM. Reason: add time zone

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