3/5/2009
How do we explain this massive amount to our readers? Please submit your ideas. |
|
The government is projected to borrow $1 trillion in 2009.
This is the equivalent to every man, woman and child in the United States borrowing $8.95 a day. More than $3,000 a year.
Please help us explain the magnitude of this borrowing to the American people. Post a comment below.
Sheila
|
|
| |
If you invest the total debt per individual, say $198,000 at 5 return, it is $1000 a month for a person for the rest of his life; then to his heirs! For a person like me, that is enough to live in Arizona in retirement; a simple life!
Posted by P Kannan on 3/8/2009 1:18:58 PM |
|
| |
A trillion dollars in perspective:
A million dollars in tightly bound $1,000 dollars bills would create a stack 4 INCHES high.
A billion dollars in tightly bound $1,000 dollars bills would create a stack 300 FEET high.
A trillion dollars in tightly bound $1,000 dollars bills would create a stack 63 MILES high.
Thanks to the late Larry Burkett's book, "The Coming Economic Earthquake", written in 1991. An amazingly prescient book!
Posted by Jacqueline F Knoblock on 3/8/2009 1:19:48 PM |
|
| |
If you had gone into business on the day Jesus Christ was born, and your business lost a million dollars a day, day in and day out, 7 days a week, 365 days a year, it would take you until October 2737 to lose a trillion dollars.
That's right, after 2009 years of losing a million dollars a day, you'd still have over 700 years left to waste money.
Posted by Michael Donohue on 3/9/2009 2:36:12 PM |
|
| |
best graphic I have seen to help understand what a TRILLION is.. . http://www.pagetutor.com/trillion/index.html
Posted by Jim on 3/10/2009 11:02:25 PM |
|
| |
Suppose the govt used a laser printer to print money and could reduce the size just a bit to fit 8 bills on an 8.5x11 sheet. If we wanted to print 1 trillion $1 bills this way, the fastest color laser (35 ppm) would take about 14,000 years to print both sides of all the required pages.
Making the paper would require killing 15 million trees, or somewhere between 300 and 400 square miles of densely populated forest.
Posted by Phil on 3/16/2009 4:15:29 PM |
|
| |
Lets suppose you had 1 trillion pennies each weighing at 2.5 grams. That is equal to 2.5 trillion grams or 2.5 million metric tonnes or a little over 7 Defiant Class starships or 4 of the original enterprises based on mass from www.st-intelligence.com
Posted by landan on 3/17/2009 10:45:05 AM |
|
| |
I don't know if this is allowed, but the BEST I have seen to understand the scope of a trillion dollars is close to what Glen Beck did on his show recently. Here's the link: http://www.pagetutor.com/trillion/index.html
Posted by Eric Hauch on 3/24/2009 11:12:01 PM |
|
| |
If you started counting $1 bills at the rate of one per second, it would take 31,709 years, 288 days, 8 hours, and 24 minutes to reach 1 billion dollars.
Posted by Chris S. on 3/28/2009 7:14:04 PM |
|
| |
If every one of then 553 US Congressperson took a bribe of $5000.00 each day, it would take a year to reach 1 billion
Posted by Dave P. on 4/5/2009 5:20:07 PM |
|
| |
|
