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Started By
Message
Our National Debt Next Week
Posted on 7/27/24 at 1:22 am
Posted on 7/27/24 at 1:22 am
Crimson Wraith posted this on the forbidden forum earlier:
Odds are, by next week, our country will be THIRTY-FIVE TRILLION DOLLARS in debt.
Trillions.
35 of 'em.
Those are toddler numbers.
Odds are, by next week, our country will be THIRTY-FIVE TRILLION DOLLARS in debt.
Trillions.
35 of 'em.
Those are toddler numbers.
This post was edited on 7/27/24 at 1:23 am
17
Posted on 7/27/24 at 1:27 am to mudshuvl05
quote:
Those are toddler numbers.
This many.
Posted on 7/27/24 at 1:43 am to mudshuvl05
Most people can't fathom how big of a number 1 trillion is so here's something to put it into perspective, 1 trillion seconds is equal to 31,709.79 calendar years. That means if we paid $1.00 every second to pay off the national debt, it would take 1,109,842.72 years. Good Googly Moogly that's a lot of money.
Posted on 7/27/24 at 2:31 am to dek81572
quote:That thang is juircy:
Good Googly Moogly that's a lot of money.
quote:
Most people can't fathom how big of a number 1 trillion is so here's something to put it into perspective, 1 trillion seconds is equal to 31,709.79 calendar years. That means if we paid $1.00 every second to pay off the national debt, it would take 1,109,842.72 years.
That's insane. And we have THIRTY-FIVE of them next week.
We are fricked. There ain't no way round it.
We are totally fricked.
And our woes will have come from Washington DC, and Washington DC alone.
Posted on 7/27/24 at 2:45 am to mudshuvl05
I watched a YouTube video representing how much that is and i think about it all the time
A trillion dollars is what it takes to fill an Empire State Building in 100’s
Now make that 35 Empire State buildings worth of debt
A trillion dollars is what it takes to fill an Empire State Building in 100’s
Now make that 35 Empire State buildings worth of debt
Posted on 7/27/24 at 3:10 am to mudshuvl05
Print 40 individual trillion dollar coins, deposit them into the country’s bank account, then BAM! We’re back in black, baby!! 
Posted on 7/27/24 at 3:16 am to mudshuvl05
Not long ago I heard a projection, that our debt would increase by about $1T every 120 days.
More perspective on how much a trillion is:
If you owned a trillion dollars and spent $1,000,000 each day, it would take you just under 2,740 years to spend it all.
A million seconds is 12 days.
A billion seconds is 31 years.
A trillion seconds is 31,688 years.
More perspective on how much a trillion is:
If you owned a trillion dollars and spent $1,000,000 each day, it would take you just under 2,740 years to spend it all.
A million seconds is 12 days.
A billion seconds is 31 years.
A trillion seconds is 31,688 years.
Posted on 7/27/24 at 3:17 am to mudshuvl05
This post was edited on 7/27/24 at 3:19 am
Posted on 7/27/24 at 3:25 am to mudshuvl05
quote:hmmm,,, try the money board or the PT board. Get experience advice there.
Odds are, by next week, our country will be THIRTY-FIVE TRILLION DOLLARS in debt.
Trillions.
Posted on 7/27/24 at 5:02 am to mudshuvl05
One million seconds is about 11 days.
One billion seconds is roughly 31.5 years.
One trillion seconds is equal to about 31,710 years.
One billion seconds is roughly 31.5 years.
One trillion seconds is equal to about 31,710 years.
Posted on 7/27/24 at 5:02 am to mudshuvl05
If Melie can do it in Argentina, we can do it here. It just takes something that we don’t have here: political will to do what’s right because it’s hard and unpopular.
Posted on 7/27/24 at 5:11 am to mudshuvl05
All this means is we need to give Ukraine more millions of dollars
Posted on 7/27/24 at 5:44 am to mudshuvl05
quote:
Trillions
An almost impossible number to visualize
Posted on 7/27/24 at 6:25 am to mudshuvl05
Each time we go more in debt by printing, or keeping interest rates below inflation, or bailouts, stimy checks, etc
We make each dollar worth ‘less’ so it takes more to buy things.
So, stocks should go up in nominal price but not value. So does the cost of everything else.
Politicians love deficit spending - on their projects. Hate it on other projects. Citizens should hate it across the board.
We make each dollar worth ‘less’ so it takes more to buy things.
So, stocks should go up in nominal price but not value. So does the cost of everything else.
Politicians love deficit spending - on their projects. Hate it on other projects. Citizens should hate it across the board.
Posted on 7/27/24 at 6:30 am to mudshuvl05
If only those rich assholes would pay their “fair share” we wouldn’t be $35 trillion dollars in debt!
This post was edited on 7/27/24 at 6:31 am
Posted on 7/27/24 at 6:50 am to Aubie Spr96
quote:Ive said it for years: there’s no one at the wheel.
political will to do what’s right because it’s hard and unpopular
We have “renters” who are given a few years in charge and do not suffer any consequences of their decisions after those years.
We need someone in charge that has a very large stake in the future of the country. The incentive of monarchs of the past to be good leaders was to pass on a kingdom that was financially and physically sound to their heirs.
Is it possible to replicate an incentive of that magnitude in our current system? I haven’t been able to think of a way yet.
Posted on 7/27/24 at 6:52 am to mudshuvl05
If only we had a political board
Posted on 7/27/24 at 7:05 am to mudshuvl05
Let me know when it hits 100
Posted on 7/27/24 at 7:37 am to mudshuvl05
Insane. I think it's the biggest issue we face and neither party wants to do anything to fix it.
Posted on 7/27/24 at 7:41 am to cardswinagain
quote:
All this means is we need to give Ukraine more millions of dollars
Billions dumbass not millions
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