Watch Tony Robbins discuss the $15 trillion U.S. national debt — how big is it really? And what can we do about the enormous federal budget deficit?
Highly recommended. Runs approximately 20 minutes.
Here are 8 political cartoons I find funny by cartoonist Matt Wuerker which reflects to America’s current financial situation. While the subject of joke is no laughing matter, the comics are to view the crisis from a light hearted perspective.
Here is a 3 minutes video on current US debt limit from a household point of view. This youtube clip has been watched by over 1 million viewers. It is simple and hillarious. I would recommend you to watch it as well. At the end of the clip, you will understand the current US debt limit situation.
The people of Greece, Ireland, Italy, Portugal & Spain (PIIGS) are in €2.91 trillion Euros debt. So how much is €2.91 trillion? Take a look at the following visual.
This is a visual of 2 Billion Euros. At today’s rate, this is equivalent to 8 Billion Ringgit. We will need 4 giant trucks to tow it on our Malaysian road. One trillion is one thousand billion. To have one trillion Euros, you will be needing 500 of these monster truck. The total PIIGS’ debt is €2.91 and that’s about 1,455 trucks. Convert it to RM and you need an airport to accomodate 5,820 trucks loaded with our RM100 note!
To visualize further on how it would look like, head to demonocracy.info’s jaw-dropping infographics at http://demonocracy.info/infographics/eu/debt_piigs/debt_piigs.html
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