Wrap your head around 2 Trillion

[Gunnyart]

The thickness of a dollar bill is .0043 of an inch.
If you stacked them up...
2 Tttttttttrilllion dollars would wrap around the earth 5 and a half times!

[Gunnyart]

If you laid them end to end...

It would take light 17 minutes to travel the distance. (by comparison it take light 8 minutes to reach us from the sun)

[Smell the Glove]

Basically the cost of the war in Iraq. It’s a an astonishing number.

[blackfoot1]

We will never get out of debt. Something bad is gonna happen...bad.

[miket]

Its insane. It amazes me how many so-called conservatives are for this. Begging for big daddies help as soon as it gets rough.

[monsterspike]

what could go wrong? gimmee my check, im gonna buy me a trump phone!

[Charles]

Insanity

[Lungbustr]

Its insane. It amazes me how many so-called conservatives are for this. Begging for big daddies help as soon as it gets rough.

We cant keep doing this at every hiccup.

It's a great scam they having going on with these bailouts. If you cant go a few months without income it should be you that bears the pain not the taxpayers. Businesses and individuals.

[txpitdog]

We will never get out of debt. Something bad is gonna happen...bad.

Here is my theory on that. It’s an uneducated, uninformed, shooting from the hip without much effort opinion, so it’s perfect for the internet.

The US does not intend to get out of debt, ever. It used to be a problem, but because it continued without any dire consequences for so long, the govt realized it really isn’t a problem. The only way the national debt becomes a problem is if other countries attempt to force us to settle up on what we owe. How do we make sure that never happens? Strategy 1 - the US has the most ****** military on the planet. Want your money? Come get it. We are a war like nation, but we pick and choose our battles to make sure everyone knows what they’ll have to contend with if they want to take us on. Strategy 2 - use our powerful corporations to get involved in other countries’ economies. Want to damage the US economy? Now it will cost you too. Strategy 3 - create unresolvable national crisis issues (terror, drugs, information security) to maintain an ongoing exemption from fiscal limitations.

There ya go, it’s BS, but I think more of it is true than not. Nothing bad will come from the national debt because there is no entity on the planet to enforce accountability. Until our military gets knocked down a peg, or the rest of the countries insulate themselves from our economy, or the wars on terror and drugs fizzle out...its party time in Washington DC.


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[Philip-TX]

1 billion


1 trillion

[RiverRat1]

Its insane. It amazes me how many so-called conservatives are for this. Begging for big daddies help as soon as it gets rough.

We cant keep doing this at every hiccup.

It's a great scam they having going on with these bailouts. If you cant go a few months without income it should be you that bears the pain not the taxpayers. Businesses and individuals.

We dug ourselves into this mess over the last 30 years. It's not near as easy as letting a few companies go BK. It would BK the entire Country.

Post a list of companies NOT saddled with debt. You will need to imagine every big name brand you know going BK. You're talking bonds to zero which means every city defaults. No one has any retirement even those who have a lot now. Land and gold rich would be it.

If I thought just 30% of casinos would go BK I'd be all for it..Or 30% of airlines or all cruise lines... But it would be near all of them.

Here is my theory on that. It’s an uneducated, uninformed, shooting from the hip without much effort opinion, so it’s perfect for the internet.

The US does not intend to get out of debt, ever. It used to be a problem, but because it continued without any dire consequences for so long, the govt realized it really isn’t a problem. The only way the national debt becomes a problem is if other countries attempt to force us to settle up on what we owe. How do we make sure that never happens? Strategy 1 - the US has the most ****** military on the planet. Want your money? Come get it. We are a war like nation, but we pick and choose our battles to make sure everyone knows what they’ll have to contend with if they want to take us on. Strategy 2 - use our powerful corporations to get involved in other countries’ economies. Want to damage the US economy? Now it will cost you too. Strategy 3 - create unresolvable national crisis issues (terror, drugs, information security) to maintain an ongoing exemption from fiscal limitations.

There ya go, it’s BS, but I think more of it is true than not. Nothing bad will come from the national debt because there is no entity on the planet to enforce accountability. Until our military gets knocked down a peg, or the rest of the countries insulate themselves from our economy, or the wars on terror and drugs fizzle out...its party time in Washington DC.


Sent from my iPad using Tapatalk

As of now if USA goes down they all go down (economy wise) So demanding money from us past a certain point means a few things.. 1. They'll never get any money 2. Probably war 3. Their own economy tanks (or tanks more as they can all go lower) 4. No more aide from us.


FYI - I'm up for an entire reset button. But since that won't happen a bailout is the only thing to do.

[Clay C]

What good does a stimulus do if large parts of commerce are essentially shut down (by force)?

[iamntxhunter]

We dug ourselves into this mess over the last 30 years. It's not near as easy as letting a few companies go BK. It would BK the entire Country.



Post a list of companies NOT saddled with debt. You will need to imagine every big name brand you know going BK. You're talking bonds to zero which means every city defaults. No one has any retirement even those who have a lot now. Land and gold rich would be it.



If I thought just 30% of casinos would go BK I'd be all for it..Or 30% of airlines or all cruise lines... But it would be near all of them.







As of now if USA goes down they all go down (economy wise) So demanding money from us past a certain point means a few things.. 1. They'll never get any money 2. Probably war 3. Their own economy tanks (or tanks more as they can all go lower) 4. No more aide from us.





FYI - I'm up for an entire reset button. But since that won't happen a bailout is the only thing to do.

I agree.