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A Stack of 1 Trillion Pennies: 5 Ways to Visualize Our $13 Trillion National Debt
Investing Answers ^ | 6/30/10 | Meredith Margrave

Posted on 02/14/2011 5:08:14 PM PST by Libloather

A Stack of 1 Trillion Pennies: 5 Ways to Visualize Our $13 Trillion National Debt
By Meredith Margrave
Wednesday, June 30, 2010

$13 trillion. That's roughly the current size of the U.S. national debt. And it continues to grow every second.

**SNIP**

4) The 50 Richest People in the Room
Bill Gates, Warren Buffett, the entire Walton family -- these are just a few of the names that top Forbes' annual report on the richest people in the world. Yet none of them will ever be worth a trillion dollars. In fact, if you put the 50 richest billionaires in a room, their combined net worth would barely pass $1 trillion.

5) Not Even the Biggest Blue-Chips
Let's go back to how much purchasing power $1 trillion will give you. For that amount of money, you could buy every share of ExxonMobil (NYSE: XOM) -- and still have more than $700 billion to spend buying up every share of…

•Apple (Nasdaq: AAPL) -- $233.10 billion
•Microsoft (Nasdaq: MSFT) -- $204.29 billion
•Berkshire Hathaway (NYSE: BRK-A) -- $197.89 billion
•Wal-Mart (NYSE: WMT) -- $181.40 billion

Now multiply by 13. Can you wrap your brain around that?

(Excerpt) Read more at investinganswers.com ...


TOPICS: Crime/Corruption; Editorial; Government; News/Current Events
KEYWORDS: budget; debt; pennies; trillion
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$13 trillion. That's roughly the current size of the U.S. national debt. And it continues to grow every second.

My, how time flies.

1 posted on 02/14/2011 5:08:17 PM PST by Libloather
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To: Libloather

If you lined up 999 billionaires, each of whom is worth $1 billion, their combined wealth STILL would not equal a trillion dollars!

If all the girls at Vassar were laid end to end, I wouldn’t be surprised.


2 posted on 02/14/2011 5:15:56 PM PST by Arthur McGowan (In Edward Kennedy's America, federal funding of brothels is a right, not a privilege.)
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To: Libloather

The US national debt is high treason.


3 posted on 02/14/2011 5:16:56 PM PST by Psycho_Bunny (Hail To The Fail-In-Chief)
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To: Libloather

* A million seconds is 13 days.
* A billion seconds is 31 years.
* A trillion seconds is 31,688 years.

Catastrophic fiscal malpractice in Washington D.C.


4 posted on 02/14/2011 5:17:34 PM PST by Faith
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To: Arthur McGowan
"If all the girls at Vassar were laid end to end, I wouldn’t be surprised."

Neither would I, but I'd like to see the film. ;)

5 posted on 02/14/2011 5:18:23 PM PST by SnuffaBolshevik
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To: Libloather
Can we get real here? What were the heavy hitters that took us to this stupidest of stupid deficits? What stands out to me:

1) Obama's idiotic "Stimulus "

2) Bush's stupid big government No Child Left Behind debacle & Homeland Security bloat.

3) Obama's CommieObamieCare isn't counted in that mutitrillion $ deficti yet is it?

What else? What do these add up to? It didn't take long for these idiots to rack all this up. We should be able to nuke all this crap out of existence fairly quickly as well, it seems to me.

6 posted on 02/14/2011 5:19:37 PM PST by Jim W N
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To: Libloather

I have not done the math but I ‘spect that a 50 megawatt power plant could burn dollars and loose.


7 posted on 02/14/2011 5:22:45 PM PST by sasquatch
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To: Faith

Nice way to explain it.


8 posted on 02/14/2011 5:24:10 PM PST by Sergio (An object at rest cannot be stopped! - The Evil Midnight Bomber What Bombs at Midnight)
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To: Libloather

If you spent 1 MILLION dollars a day — A DAY, if you went back to the birth of Christ you would be at 3/4 of a trillion dollars. You have to go back to the Battle of Thermopylae to get to a single trillion (reminder - at 1 million a day).

Now, 13 trillion, at 1 million dollars a day would be 13 times that — well before anything even resembling civilization existed...


9 posted on 02/14/2011 5:25:48 PM PST by freedumb2003 (The TOTUS-reader is a Judas Goat, leading the American sheeple to the slaugherhouse /Parmy)
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To: Libloather; hiredhand

Dang...


10 posted on 02/14/2011 5:26:54 PM PST by Squantos (Be polite. Be professional. But have a plan to kill everyone you meet)
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To: Squantos

We’re screwed.


11 posted on 02/14/2011 5:33:36 PM PST by hiredhand
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To: Libloather

You could buy off a lot of corrupt politicians with that kind of money. I don’t think it’s a coincidence that trillions of dollars are floating around Washington DC at a time when government corruption is at astronomical levels. Adding to that we have a fraudster at the top who has a mountain of skeletons in his closet.


12 posted on 02/14/2011 5:41:58 PM PST by peeps36 (America is being destroyed by filthy traitors in the political establishment)
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To: hiredhand

Its back to fiefdom, taxpayers are the property of the land barons...


13 posted on 02/14/2011 5:44:42 PM PST by dps.inspect (the system is rigged...)
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To: Libloather

This analogy for the tech savy.

$1 = 1 byte
1000 bytes = kilobyte = $1000
1,000,000 bytes = megabyte = 1 million dollars
1,000,000,000 bytes = gigabyte = 1 billion dollars
1,000,000,000,000 bytes = tetrabyte 1 trillion


14 posted on 02/14/2011 5:49:40 PM PST by diverteach (If I find liberals in heaven after my death.....I WILL BE PISSED!!!)
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To: diverteach
This analogy for the tech savy... 1,000,000,000,000 bytes = tetrabyte 1 trillion

Did you mean terabyte?

15 posted on 02/14/2011 5:56:31 PM PST by new cruelty
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To: new cruelty

brainfart..........yes!


16 posted on 02/14/2011 5:59:11 PM PST by diverteach (If I find liberals in heaven after my death.....I WILL BE PISSED!!!)
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To: hiredhand

Gonna be a hot hot hot summer.....:o)


17 posted on 02/14/2011 5:59:38 PM PST by Squantos (Be polite. Be professional. But have a plan to kill everyone you meet)
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To: freedumb2003

It would take a military jet flying at the speed of sound, reeling out a roll of dollar bills behind it, 14 years before it reeled out one trillion dollar bills.

http://100777.com/node/455


18 posted on 02/14/2011 6:08:43 PM PST by Deo volente (God willing, America will survive this Obamination.)
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To: Libloather

Arg!


19 posted on 02/14/2011 6:14:36 PM PST by BunnySlippers (I love BULL MARKETS . . .)
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To: Deo volente

>>It would take a military jet flying at the speed of sound, reeling out a roll of dollar bills behind it, 14 years before it reeled out one trillion dollar bills.<<

That pretty much describes the TOTUS-reader’s plan — he will ride his unicorn and send out dollar bills out his tail end until he has bought all the votes he needs...


20 posted on 02/14/2011 6:16:55 PM PST by freedumb2003 (The TOTUS-reader is a Judas Goat, leading the American sheeple to the slaugherhouse /Parmy)
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