VERTROUWEN in de dollar, haha, hoelang nog ??????
En je weet...hoe minder vertrouwen in dat papier...de weerslag op het edelmetaal ZAL er komen.
Zie deze bijdrage (deeltje) van Doug Casey // Zerohedge over de dollarschuld in de USA...
Yes, the US debt surpassed $16 trillion yesterday. It's not "official" quite yet as the 2-year bond auction that pushed us over the edge still needs to settle, but next week this will be all over the financial news.
Zero Hedge wrote a great article on this that I highly recommend you read - it's short, sweet and to the point, and Tyler points out that it took only 286 days for us to add another trillion to our debt (whereas it took 200 years for us to accumulate our very first trillion!).
At this rate of growth, our total US debt load will surpass (not including unfunded liabilities):
$17 trillion on June 10, 2013;
$18 trillion on March 23, 2014;
$19 trillion on January 3, 2015; and
$20 trillion on October 16, 2015
But hey, at this point, we're so used to hearing those numbers tossed around like fluff... "million," "billion," "trillion"...
My poor little brain certainly cannot get a handle on it...
how much is $16 trillion anyway? Is it possible to ever pay off this debt?
How on earth do you envision a number like a billion or a trillion?
Well, you have to convert it to something we can relate to, like seconds.
How long ago was a million seconds? (Kung Fu Girl, ever bad at estimating things like this, has no idea... maybe a month?)
What do YOU think?
Was it a day ago? A week ago? A year ago? 10 years ago?
1,000,000 seconds was 12 days ago.
How about a billion seconds?
(Kung Fu Girl, again clueless... maybe several years?)
A billion seconds was 32 years ago.
That was back in 1980, when Carter was president, The Empire Strikes Back was in the box office, and yours truly had big '80s hair and used way too much Aqua Net.
Just look at that comparison for a minute, a million vs. a billion... that's 12 days vs. 32 years, a huge difference.
But the number we hear thrown around by politicians today isn't a million or a billion... it's TRILLIONS.
And as I said above, our debt just passed $16 TRILLION yesterday!
So how long ago would a trillion seconds have been?
500 years? 1,000 years?
A trillion seconds was... just short of 32,000 years ago!
That's back in the day when man wasn't even known as MAN... we were homo sapiens, Neanderthals, to be exact!