US's Debt - US$16 Trillion - Just how much that is???

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US's Debt - US$16 Trillion - Just how much that is???

Post by yhendra »

yhendra wrote:Hi,

US's National Debt has reached around US$16 trillion!

Do you want to know how much money that is?

See this article:

All this talk about "stimulus packages" and "bailouts"...

A billion dollars...

A hundred billion dollars...

Eight hundred billion dollars...

One TRILLION dollars...

What does that look like? I mean, these various numbers are tossed around like so many doggie treats, so I thought I'd take Google Sketchup out for a test drive and try to get a sense of what exactly a trillion dollars looks like.

We'll start with a $100 dollar bill. Currently the largest U.S. denomination in general circulation. Most everyone has seen them, slighty fewer have owned them. Guaranteed to make friends wherever they go.


A packet of one hundred $100 bills is less than 1/2" thick and contains $10,000. Fits in your pocket easily and is more than enough for week or two of shamefully decadent fun.


Believe it or not, this next little pile is $1 million dollars (100 packets of $10,000). You could stuff that into a grocery bag and walk around with it.


While a measly $1 million looked a little unimpressive, $100 million is a little more respectable. It fits neatly on a standard pallet...


And $1 BILLION dollars... now we're really getting somewhere...


Next we'll look at ONE TRILLION dollars. This is that number we've been hearing so much about. What is a trillion dollars? Well, it's a million million. It's a thousand billion. It's a one followed by 12 zeros.

You ready for this?

It's pretty surprising.

Go ahead...

Scroll down...

Ladies and gentlemen... I give you $1 trillion dollars...


Notice those pallets are double stacked.
...and remember those are $100 bills.

So the next time you hear someone toss around the phrase "trillion dollars"... that's what they're talking about.

So, US$16 trillion.. you have to make that 16 times higher!!!
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Re: US's Debt - US$16 Trillion - Just how much that is???

Post by tec »

I remembered Dennis mentioned that each American carries $100k of the debt.
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