End Of The American Dream | ~ The True Size Of The U.S. National Debt, Including Unfunded Liabilities, Is 222 Trillion Dollars ~ | Blogger: 💲💲💲 -- I believe that the answer is one thousand times one billion equals one trillion. Please help me with the answer to this question. In the American system one billion is 1,000,000,000 and a trillion is 1,000,000,000,000 so one trillion is one thousand times one billion. But 222 trillion of FED petrodollars would stake up by $100 bills = 40.082 miles up in the air or 64.505 km... In comparison = Buja Khalifa is 0,514 miles high or 0,827 km... How much is $1 trillion? Well, Apple could buy everyone in San Francisco an apartment... or... a continent... or... 41,999,160 new cars... 4,000 celebrity divorce settlements... And for 222 Trilion Dollars???... 'The Institute of International Finance issued a report saying that the mountain of global debt expanded by $3.3 trillion last year to $243 trillion, or more than three times worldwide gross domestic product. Total debt in the U.S. grew by $2.9 trillion to more than $68 trillion in the largest annual increase since 2007. What’s truly disturbing is that the IIF said U.S. nonfinancial corporate debt stands at 73 percent of GDP, close to its pre-crisis peak. That helps explain why the first quarter ushered in the most credit ratings downgrades for U.S. companies relative to upgrades since the beginning of 2016, according to S&P Global Ratings data compiled by Bloomberg'... PS: UN report: Corruption costs world $3.6 trillion annually - Big Think... Syria's post-war recovery may cost up to $1 trillion - TRT World... Missing climate goals could cost the world $20 trillion... To end extreme poverty, the U.N. estimates that the total cost per year would be about $175 billion, less than one percent of the combined income of the richest countries in the world - woldvision... |

The United States is on a path to financial ruin, and everyone can see what is happening, but nobody can seem to come up with a way to stop it. According to the U.S. Treasury, the federal government is currently 22 trillion dollars in debt, and that represents the single largest debt in the history of the planet. Over the past decade, we have been adding to that debt at a rate of about 1.1 trillion dollars a year, and we will add more than a trillion dollars to that total once again this year. But when you add in our unfunded liabilities, our long-term financial outlook as a nation looks downright apocalyptic. According to Boston University economics professor Laurence Kotlikoff, the U.S. is currently facing 200 trillion dollars in unfunded liabilities, and when you add that number to our 22 trillion dollar debt, you get a grand total of 222 trillion dollars. (Read More...)

$3.3 Trillion of Global Debt Starts to Tip the Scale