Monday, April 5, 2010

Crazy Debt

   The US national debt stands at more than $12.5 trillion. That's $41,000 per person. Over the next 10 years, the national debt is expected to double.

   If you were to imagine a business that began in the year that Christ was born, and imagine that that business proceeds to lose a million dollars a day, every day, seven days a week, 365 days a year, and it keeps on doing it and keeps on doing it, it would be another thousand years from now before that business had lost $1 trillion. That's how much money we're talking about.

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