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US debt visualized We already know US is in debt...but here's to help you visualize it... US debt visualized: Stacked in $100 dollar bills @ $16.394 Trillion Dollars (Debt Ceiling) |
ok. sooo who are the creditors? |
Majority is to US citizens I think. |
:ahwow: |
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China and Japan hold about 10% each. |
I call bs on your sources. Quote:
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Wrong, the creditors are the guys who setup the district of columbia. Rows and Rows of mega buildings worth of $100 bills... that is a crazy amount of money. Now show me the pile in $5's! A part of the puzzle on what entities the American people, and their future ancestors, will have to pay all that cash to is shown in this series. La Lawman http://i.imgur.com/iTCc7.jpg |
Pretty cool site. I checked out the other links as well. Nice visualizations. |
That's a lot of $100's there |
What I could do with 122.1 Trillion dollars... Buy America. :lawl: |
Blows my mind when you see those visuals, but easy to lose sight of some other neat points. - A 1/3 of the debt is actually held by other U.S. Governmental agencies (e.g. social security) -Foreign holders is approx. 30%, with China and Japan having both around 7% - As a ratio to GDP, currently is is around 70%. It has actually been higher in the past. Britain historically, IIRC, has had around a ratio of 100% and Japan even higher, so on a relative basis, the US is fine :) I don't worry about the US debt, even if the media likes to make a stink of it. There has been almost 20 instances of the debt ceiling being raised so it seems more of an excuse for politicians to waste time arguing about. |
Where are you finding these fiat stats, how could a 7.5 trillion in-debt country like Japan be balancing the books of another 8.7 trillion indebt country like America? http://take21.org/blog/wp-content/up...caled.1000.jpg We can basically say private individuals with the most wealth control vast parts of the planet because they lend the money and have control over economies and their independence. |
You can all thank fractional reserve banking for the 99%'s misery. Wake up people. |
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