Breaking News

Bookmarks 100 : Recent Posts
Δείτε τις τελευταίες Αναρτήσεις απο το  Ιστολόγιό μας!

Latest News in Greek!


Best Bookmarks Load More

Architecture Load More

Top Web News Load More

Photography Load More

Wallpapers Load More

Music and Videos Load More



Friday, October 10, 2014

Ever Wondered What The U.S. Debt Looked Like in Cash

Have you ever seen a $100 bill? Sure you have.


Ever seen a wad of them totaling $10,000. Perhaps you have...

What about U.S. debt amount, 15 trillion dollars? Ever seen that?
To give you an idea of how much money the United States' National Debt is, let us break it down for you:

Below is $1 million in cash ($1,000,000): On a global average, it takes 92 years of work to total this much money. Not the heaping piles of cash we all expected like in the movies, huh?

Below is $1 billion dollars ($1,000,000,000): What can you get for a billion dollars? You could buy a really big submarine from Germany ( http://matzav.com/israel-buys-new-dolphin-submarine-for-1-billion ) . Or the world's most valuable athlete, New York Yankees' Alex Rodriguez, could give you an idea... to total $1 billion with his world record salary, he would have to play over 16 more years of baseball, every...single...day... (That's 5,890 games in a row...look out Cal Ripken, Jr.!)

Below is $1 trillion in cash ($1,000,000,000,000): In 2010, the US government had a 1.7 trillion deficit and this image shows the volume of cash the government borrowed in 2010, alone, to run itself.


Fun fact: if you spent $1 million a day since the birth of Jesus Christ, you would have not spent this much money by now. Rather your total would be around $700 billion which is actually the amount the banks received during the bailout.

Below is $15 trillion in cash ($15,000,000,000,000) – Unless the U.S. government fixes our budget, the national debt will surpass 15 trillion by Christmas of this year. That is 20% of the entire world's combined GDP and in 2011 the National Debt will exceed 100% of our GDP, and start going into the 100%+ debt-to-GDP ratio that has countries like Ireland, Portugal, Greece, Italy, and Spain (Euro PIIGS) ( http://www.wealthwire.com/news/economy/1459 )are dealing with... bankrupcy.


What to expect for our future? Let's show you...

Below is 114.5 trillion dollars ($114,500,000,000,000): This is the U.S. unfunded liabilities. This is calculated on current tax and funding inputs, and future demographic shifts in the U.S. population. This is the amount of money the U.S. government knows it does not have to fully fund the Medicare, Medicare Prescription Drug Program, Social Security, Military, and civil servant pensions. It is the money the United States of America knows it will not have to pay all its bills. (Our stacks of money are taller than what used to be two of the tallest towers in the world, the Empire State Building and the World Trade Center Twin Towers.)

Each US citizen owes this much as well.  all in this one together, unfortunately, with each currently owing $46,137.7 !

Share This
Blogger
Facebook
Disqus

comments powered by Disqus

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Subscribe
Labels
Popular Posts

Welcome! Be One of Us!

Welcome! Be One of Us!
Σας καλωσορίζουμε στην διαδικτυακή μας κοινότητα , ένα κόμβο Αδελφοποιημένων Δικτύων (Twinned Networks), πατήστε την εικόνα για περισσότερες πληροφορίες

My Video-clips

My Video-clips
Press on the Image

Bring Them Back!

Top Stories

My Zimbio

Music Slide-Show

Music Slide-Show
Tropical Islands

1001Archives / Galleries

1001Archives / Galleries
press on the image

Google+ Followers

© 1001Archives All rights reserved