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Crash Course: Chapter 11 - How Much is a Trillion? by Chris Martenson




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Chapter 11 (How Much Is A Trillion?): Recently, we have gotten used to hearing the word "trillion." From trillions of dollars of government debt to trillion dollar bailout packages, we are spending enormous sums of money. However, most of us dont realize how much a trillion actually is. Dr. Martenson explains how much a trillion is using a few examples, such as a 67.9 mile high stack of $1,000 bills. As he concludes: "Make no mistake, a trillion is a very, very big number and we should not be lulled into complacency simply because it is too big to really get our minds around. That should drive us to action instead." http://www.chrismartenson.com

Kategoria: News & Politics
Dodany: November 30, 1999 at 12:00 am
Autor: ChrisMartensondotcom

Czas: 03:29
Ocena: 4.8693876
Obejrzany: 165155

Tagi: finance  financial  crisis  economy  economic  crash  course  collapse  depression  1929  peak  oil  renewable  energy  stock  market  exponential  money  fiat  currency  gold  silver  inflation  iraq  war  bailout  bernanke  chris  martenson  ron  paul  

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Komentarze

ashwadhwani (November 30, 1999 at 12:00 am)
Sky's the limit literally
4cashnstash (November 30, 1999 at 12:00 am)
Thank you sir this was eye opening and astonishing
philyB08 (November 30, 1999 at 12:00 am)
@zedt01 Actually. The circumference of the earth at the equator is 24,901.55 miles (40,075.16 kilometers). But, if you measure the earth through the poles the circumference is a bit shorter - 24,859.82 miles (40,008 km). This the earth is a tad wider than it is tall, giving it a slight bulge at the equator. This shape is known as an ellipsoid or more properly, geoid (earth-like). Hi i'm a cunt, have we met?
zedt01 (November 30, 1999 at 12:00 am)
Instead of $1000 bills lets use $1 bills for an example. 67 x 1,000 = 67,000 miles for a trillion. Then times 67,000 by 15 for the $15 trillion of USA on sheet government debt. 67,000 x 15 = 1,005,000 miles. The circumference of the earth is 24,901.55 miles. Divide 1,005,000 miles of $1 bills by 24,901.55 miles for the earths circumference. 1,005,000 / 24,901.55 = 40.35. So USA government debt in $1 notes would go around the earth 40 times. Fuck me, we are in trouble.
jutubaeh (November 30, 1999 at 12:00 am)
hm why does this remind me of double book keeping..?
qonf (November 30, 1999 at 12:00 am)
A better trick for understanding what a trillion is. $ 1 Trillion = $ 3238 [ per US citizen* ] * ~300 M, 2010 census, wikipedia.
lucinos19 (November 30, 1999 at 12:00 am)
@fasteddie847 just multiply the length by 10. So instead of 67.9 miles it would be 679 miles.
sasukedetonator (November 30, 1999 at 12:00 am)
How did you get the money to make this video?

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