• If you are having problems logging in please use the Contact Us in the lower right hand corner of the forum page for assistance.

How Much Is A Trillion Dollars?

Mike

Well-known member
Ok. Buckwheat said today that our debt can go up more and still be "Sustainable". As it's going, our debt will be $20 Trillion before he gets through. And that's without unfunded liabilities tacked on.

Well, lets see how much a trillion is in time:

If you count backward, then:
1 million seconds = 12 days ago
1 billion seconds = 31 years ago
1 trillion seconds = 30,000 B.C.

Let’s Measure a Trillion in Money

With about 305,000,000 people and 111,000,000 households in the U.S.

$1 Million is 1¢ per household,
$1 Billion is $3.28 per person and $9 per household,
$1 Trillion is $3,280 per person and $9,000 per household

If a person’s salary is $40,000 per year it would take:

25 years to earn $1 Million
25 Thousand years to earn $1 Billion,
25 Million years to earn $1 Trillion

If you lived to be 80 years of age, to have:

$1 Million you would have to save $34 each day of your life,
$1 Billion you would have to save $34,000 each day of your life,
$1 Trillion you would have to save $34 Million each day of your life

"Sustainable"? Hardly. Paying back the principal will be impossible, but with interest................absolutely impossible.

And he wants to keep borrowing? :roll:
 

hypocritexposer

Well-known member
okfarmer said:
It's just money.


Maybe what's needed is a new currency, where the risk could be carried over a larger population/taxpayer, or geographical area.


but a socialistic New World Order, is a "conspiracy theory", so let's not even think about that, just yet. We'll revisit the idea, in a couple of years.
 
Top