Ten Thousand Dollars:
One Million Dollars:
One Hundred Million Dollars:
One Billion Dollars:
One Trillion Dollars:
One Trillion Dollars (Again):
15 Trillion Dollars:
$15,000,000,000,000 – Unless the U.S. government fixes the budget, US national debt (credit card bill) will topple 15 trillion by Christmas 2011.
Statue of Liberty seems rather worried as United States national debt passes 20% of the entire world’s combined GDP (Gross Domestic Product). In 2011 the National Debt will exceed 100% of GDP, and venture into the 100%+ debt-to-GDP ratio that the European PIIGS have (bankrupting nations).
114.5 Trillion Dollars:
$114,500,000,000,000. – US unfunded liabilities
To the right you can see the pillar of cold hard $100 bills that dwarfs the WTC & Empire State Building – both at one point world’s tallest buildings. If you look carefully you can see the Statue of Liberty.
The 114.5 Trillion dollar super-skyscraper 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 USA knows it will not have to pay all its bills.
If you live in USA this is also your personal credit card bill; you are responsible along with everyone else to pay this back. The citizens of USA created the U.S. Government to serve them, this is what the U.S. Government has done while serving The People.
The unfunded liability is calculated on current tax and funding inputs, and future demographic shifts in US Population.
What is your outlook when the U.S is facing this sky-scraping debt. Tell us at firstname.lastname@example.org.
Courtesy of Kleptocracy.us Copyright (C) 2011.
Chesapeake Investment Services
Managed Futures Specialists
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