A Visualization of the US Debt

1,989
10
Joined Apr 26, 2008
http://www.wtfnoway.com/



[table][tr][td]15 Trillion Dollars[/td] [/tr][tr][td] $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).[/td][/tr][/table]



[table][tr][td]114.5 Trillion Dollars[/td] [/tr][tr][td] $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.

Note: On the above 114.5T image the size of the base of the money pile is half a trillion, not 1T as on 15T image.
The height is double. This was done to reflect the base of Empire State and WTC more closely.

If you like this, feel free to support the site by checking out the ads on the top right.

Source: Federal Reserve & www.USdebtclock.org - visit it to see the debt in real time and get a better grasp of this amazing number. [/td][/tr][/table]
 
7,144
1,149
Joined Aug 23, 2003
correct me if im wrong but:
debt + derivatives = money supply 
if money is made out of debt (bonds in exchange for credit) - paying back the debt + interest (which is theoretically impossible) would result in no money.

Also, increased money supply = inflation, devaluation, higher prices, which is why our purchasing power is constantly decreasing while commodity prices always increase. Thus, every time more money comes into existence (i.e. QE2), its like a hidden tax since CPI goes up, our PP goes down. 

www.usdebtclock.org 
 
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