Wow!! Great visual!
http://www.wtfnoway.com/
http://www.wtfnoway.com/
Visualization: USA national debt in physical $100 bills
- Thread starter Ken Morgan
- Start date
Indeed :tup:
Like I keep saying, America's wealth is an illusion and those images put that illusion into a 3-D context that people can easily understand.
How do you pay back that amount of debt? Cuts wont do it - they'll only serve to undercut the infrastructure you need to make a start. Holding down spending increases whilst taxing harder has a chance but it's a long-haul deal. There's no 'quick pain' and then it's done solution for this one - other than defaulting, giving the (fully justified) finger to the global banking system and starting again with an income base you can support ... which will be a lot lower than even poor American's have been used to.
Like I keep saying, America's wealth is an illusion and those images put that illusion into a 3-D context that people can easily understand.
How do you pay back that amount of debt? Cuts wont do it - they'll only serve to undercut the infrastructure you need to make a start. Holding down spending increases whilst taxing harder has a chance but it's a long-haul deal. There's no 'quick pain' and then it's done solution for this one - other than defaulting, giving the (fully justified) finger to the global banking system and starting again with an income base you can support ... which will be a lot lower than even poor American's have been used to.
We're gonna mint a couple 1T coins to cover it.
:chuckles: That's all right then :tup: 
That really is a great diagram! It's quite astounding to see what the actual money looks like; you hear the figures like billion, trillion etc thrown around on the news a lot, but to actually see it like that is staggering.
The bottom of the page showed the debt clock ... that's even scarier because the numbers won't STOP adding up... http://www.usdebtclock.org/ it's even got it by state debt... sheesh.
Seen on FB... If there are two things America is good at... it's math.
Seen on FB... If there are two things America is good at... it's math.
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