Post
Topic
Board Economics
Re: America's new debt ceiling - $19,600,000,000,000
by
americanpegasus
on 23/10/2015, 19:54:41 UTC
America's new debt ceiling - $19,600,000,000,000 (thats in the trillions if you were not sure)

Thats $60,000 debt for every man, woman and child in the country.

Ticking timebomb waiting to blow, keeping the gold nicely polished waiting for the day Smiley
 
  
Can anyone extend this graph out?  At this insane exponential (possibly exponential2) growth, when will we hit a debt ceiling of 1 quadrillion?  I think it will happen much sooner than we expect, possibly as soon as 2030 at the current rate of growth.