Gary Green on Nostr: Here is your reality check for the day. Is our multi trillion dollar debt payable? ...
Here is your reality check for the day. Is our multi trillion dollar debt payable?
Here's the math:
Repayment plans-
31688.09 years @ 1$/second *
31.68809 years @ $1000/second
31.68809 x 35 trillion= 1109.08 years @1000/second
.31688 years @ $100,000/second= 115.6 days
115.6 days x $35 trillion= 4048 days = 11.08 years to retire 35,000,000,000,000 @100k/second
60sec x 60 min x 24 hour x 365.25 days (leap years counted) = 31557600 seconds/year
$1,000,000,000,000 ÷ 31557600 seconds = 31688.0878140289 years @ $1/min
35T on the books is but a fraction of the estimated $180T-200T of unfunded liabilities.
When you are trying to explain just how bad this Ponzi scheme of the USD system really is, use these numbers to enlighten the ignorant.
Read about our only known long term solution in the technology of Bitcoin and step out of the matrix.
Here's the math:
Repayment plans-
31688.09 years @ 1$/second *
31.68809 years @ $1000/second
31.68809 x 35 trillion= 1109.08 years @1000/second
.31688 years @ $100,000/second= 115.6 days
115.6 days x $35 trillion= 4048 days = 11.08 years to retire 35,000,000,000,000 @100k/second
60sec x 60 min x 24 hour x 365.25 days (leap years counted) = 31557600 seconds/year
$1,000,000,000,000 ÷ 31557600 seconds = 31688.0878140289 years @ $1/min
35T on the books is but a fraction of the estimated $180T-200T of unfunded liabilities.
When you are trying to explain just how bad this Ponzi scheme of the USD system really is, use these numbers to enlighten the ignorant.
Read about our only known long term solution in the technology of Bitcoin and step out of the matrix.