US Debt Visualized ( WOW , just wow)
- Thread starter LabR@t
- Start date
Soldato
- Joined
- 15 Feb 2011
- Posts
- 10,234
- Location
- Slough
thats all big and impressive, but i prefer this because it shows you the root of the problem:
Permabanned
- Joined
- 9 Aug 2008
- Posts
- 35,711
I like it, money means nothing these days. Ah it's only debt man no need to worry 
Why? Due to the interest being higher than the GDP?
The images are interesting, but don't reperesent reality. In reality the debt is simply figures in a database. Debt has no intrinsic value, its fictional, like the easter bunny, father Christmas or Donald Duck. Yet for some reason we are slaves to it, crazy world.
Caporegime
- Joined
- 18 Oct 2002
- Posts
- 33,188
Population growth, its a ponzi scheme, rob from 1000 people today, have 10000 people pay it back easily in 10 years.
The world economy only really works on extreme growth, which is where democracy started in terms of early last century.
People move to a new country like the USA, people spread out, population growth is in an exponential phase, that is basically what the system is based off needing.
Problem is, population growth slows down, but the rate of increase in burdens doesn't.
50 years ago the plan would be for say, 6-7million pensioners to be paid by the tax of what 30-35million workers. But 50 years later you WANT 50million workers and only 10-12mil pensioners, but due to the way population growth generally decreases after a certain point we've got, increasing non working elderly population and due to the ecomony, increasing non working adult population, with less jobs and more people dependant on the government, kids, unemployed, pensioners........ we just can't keep up with the liabilities.
Same goes for the states, population growth isn't fast enough, not enough jobs, and what does dumbass Obama do, spends his entire time trying to drastically increase free healthcare, when they couldn't afford medicare/medicade before, let alone when its greatly expanded.
USa and the UK would be in FAR better states if during the "boom" we PAID OFF OUR DEBTS rather than drastically increasing spending. If we'd both done that, we wouldn't have had a recession, and the "world" recession wouldn't have hit us even a small fraction as hard as it did.
So while it should be, recession we get a little in debt, boom, we pay off the debt ready for the next recession both countries.... had recessions, got in debt, came out of recession, massively increased spending and debt...... so the next recession was a huge problem.
Seriously? Have you had no internet connect since 2010, when the same infomatic was around, and quoting the same numbers?