“US Debt of $20 Trillion Visualized in Stacks of Physical Cash”
Aug 4, 2017 09:52:15 #
“US Debt of $20 Trillion Visualized in Stacks of Physical Cash”
The following computer generated video is a visual presentation of what twenty trillion dollars actually looks like. The subsequent video is somewhat gloomy in its contention that we will never be able to payback this debt.
https://youtu.be/XqUwr-Nkq9g
As a follow up, we are facing a crisis in financing our government in that the debt limit must be raised. This is a source of contention with some demanding that the government tighten it's belt to compensate and others claiming more debt is the salvation. The article gives a complete exposition of these problems. It is too long to reproduce here so this is the link, it is worth reading.
“‘US Staring Down A Technical Default’ - Here Are The Five Debt Ceiling Scenarios”
by Tyler Durden
http://www.zerohedge.com/news/2017-08-03/us-facing-technical-default-here-are-five-debt-ceiling-scenarios
The following computer generated video is a visual presentation of what twenty trillion dollars actually looks like. The subsequent video is somewhat gloomy in its contention that we will never be able to payback this debt.
https://youtu.be/XqUwr-Nkq9g
As a follow up, we are facing a crisis in financing our government in that the debt limit must be raised. This is a source of contention with some demanding that the government tighten it's belt to compensate and others claiming more debt is the salvation. The article gives a complete exposition of these problems. It is too long to reproduce here so this is the link, it is worth reading.
“‘US Staring Down A Technical Default’ - Here Are The Five Debt Ceiling Scenarios”
by Tyler Durden
http://www.zerohedge.com/news/2017-08-03/us-facing-technical-default-here-are-five-debt-ceiling-scenarios
Aug 4, 2017 10:33:46 #
I visualize it as $186,000 per second for just over three years. It can't be paid back.
A debt reset is coming and so is a giant stock market correction.
I spend near worthless dollars to buy Silver American Eagles.
A debt reset is coming and so is a giant stock market correction.
I spend near worthless dollars to buy Silver American Eagles.
Aug 4, 2017 11:22:00 #
confused one wrote:
I visualize it as $186,000 per second for just over three years. It can't be paid back.
A debt reset is coming and so is a giant stock market correction.
I spend near worthless dollars to buy Silver American Eagles.
A debt reset is coming and so is a giant stock market correction.
I spend near worthless dollars to buy Silver American Eagles.
Not too confused, you seem to have a clear grasp of what is coming.
Aug 4, 2017 11:41:18 #
pafret wrote:
Not too confused, you seem to have a clear grasp of what is coming.
The rest will figure it out when it costs them $5 for a gumball
A good investment other than gold and silver is ruthenium.
Part of the Platinum family that is being utilised more and more in technology that is still somewhat affordable.
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