Xylak
New Member
http://www.wtfnoway.com/
A visual representation of America's debt.
/oops, misleading title.. it's only 114.5 trillion.
A visual representation of America's debt.
/oops, misleading title.. it's only 114.5 trillion.
So, just how much IS 115.5 trillion dollars?
- Thread starter Xylak
- Start date
Ki!ler-Mk1
Active Member
Nice find.... Average.... ?
Panda with issues...
Well-Known Member
Africa, south america, china, india, central and south east asia.
vs western europe, north america, parts of oceana and the ultra rich.
This is why i'm not sure governmental debt actually matters. - How do you pay that back? What is it ACTUALLY worth?
In commodity terms:
World's largest oilfield: The Ghawar Field in Saudi, estimated at 170 billion barrels of crude
Current Brent Crude spot price ~$117/barrel
That's $1.989x10^13, or ~20 trillion dollars (assuming my maths is correct).
So the US is in debt by almost 6 times the total revenue the world's largest oil field could generate over it's entire life (based on a few estimates). You would need to find 6 ghawar fields today, AND maintain the current price of oil to wipe that debt.
The largest oil field discovered in the last 10 years: Tupi, offshore Brazil: 5-8 billion barrels. (With massively higher production costs due to depth)
Yeah.
Spicypixel
New Member
Scumbag thatbloke, claims money is inconceivable after seeing image designed to make it easy to conceive!
F
flare
Guest
I kept jst nodding my head until it got to the 114.5T mark, that's freakin amazing 
Spicypixel
New Member
It's more amazing when you consider debt outweighs money to pay it back by more than 10:1.