Have you ever wondered how the US debt looks like? Here's a short visual guide:
$100 (One Hundred Dollars) - Most counterfeited money denomination in the world
and the lifeblood of global economy.
$10,000 (Ten Thousand Dollars) - Enough for a great vacation or to buy a used car.
The average global wage/year.
$1,000,000 (One Million Dollars) - This is 92 years of work for
the average human on earth
$100,000,000 (One Hundred Million Dollars) - Fits nicely on an ISO / Military
standard sized pallet. The couch is made from $46.7 million of $100 bills.
It is also 1 year of work for 3500 Americans the average human on earth
$1,000,000,000 (One Billion Dollars) - Interesting fact: $1 million dollars weighs
10kg exactly. You are looking at 10 tons of money on those pallets.
1,000,000,000,000 (One Trillion Dollars) - If you spent $1 million a day since Jesus was
born, you would have not spent $1 trillion by now... but ~$700 billion - same amount the banks got during bailout. Here's how it looks like:
US debt ceiling in 2012 - $16,394,000,000,000 when S&P downgraded the US
Statue of Liberty seems rather worried as United States national debt has passed 20% of the entire world's combined economy (GDP / Gross Domestic Product).
If the national debt would be laid in a single line of $1 bills, it would stretch from Earth, past Uranus.
As you read this, US Government debt has passed$17,852,000,000,000 and is pilling on at a frantic pace...