Friday, March 17, 2006
$9 trillion in debt

The USA.gov just voted itself te ability to go to $9 trillion dollars in debt.

The factoid as to how much this debt is per capita is pretty awful, but I have also read that $9 trillion dollars would build 28 Eiffel Towers made of solid gold. That could be cool.

For what it’s worth I figured something out that’s kind of interesting – how long it will take to pay back the debt, assuming the USA.gov is somehow suddenly able to turn $1 million a day “profit”. Now, the simple fact is that the Gov’t has RARELY been able to “turn a profit”, ever, but I won’t go there… So, let’s just pretend the USA.gov can actually pull a million dollars a day and use it to pay the debt.

First we take 9 trillion and we divide it by the million dollars.

that gives us 9 million days to pay it.

Then we divide the 9 million days by 365.25 (roughly the number of days in a year) and we get how many years it will take to pay back $9 trillion dollars in debt at the rate of $1 million dollars a day:

24,640.657 years.

Yes, 24,640.657 years.

Bascially, right around the next glaciation.

It ain’t gettin paid back. Ever. I think we need to get that point out loud and clear:

Hello! China? Japan? South Korea? Great Britain? Hello? Guess what you guys: we’re going to stiff you. You’re not going to see a DIME of that money. Not now, not ever.

Sorry.