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Interesting Figures
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DVD Profiler Unlimited RegistrantStar ContributorSrehtims
Registered: March 13, 2007
United States Posts: 1,796
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Interesting and scary number from around the world.
Interesting Figures
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DVD Profiler Unlimited RegistrantBlair
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Registered: October 30, 2008
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The first time that I saw that was maybe a year before Obama was elected President of the United States. Not to get into a political debate, but I agree it was a bit scary to go back to this site a few mothers after that and see the figures jump.
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DVD Profiler Unlimited RegistrantStar ContributorJimmy S
Registered: March 15, 2007
Canada Posts: 1,982
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Quoting Srehtims:
Quote:
Interesting Figures

No they aren't. Good thing I don't have any child, but I'm kind of scare for the future of my nephews and nieces

It isn't really better here 
The country and the province are in the red since forever (the province must balance his budget each year, but the debt doesn't decrease that much).

At least the city where I leave isn't in debt and produce surplus every years without raising the taxes or cutting the services.

One out of three is better than nothing... I guess 
 Last edited: by Jimmy S
DVD Profiler Desktop and Mobile Registrantmediadogg
Aim high. Ride the wind.
Registered: March 18, 2007
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I looked at the source for that HTML page. Seems like a bunch of shockwave movies. I wouldn't panic just yet. It doesn't appear to be real data, just some simulations based on unstated assumptions and source data. Not a political statement - just a "don't trust everything you see on the net" type comment.
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DVD Profiler Desktop and Mobile RegistrantStar ContributorTheMadMartian
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Registered: March 13, 2007
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I don't know where they get their information but, according to the U.S. Treasury, the National Debt, as of 10/28/2011, was $14,937,858,721,060.08.  That's pretty close to the number on that site. 
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 Last edited: by TheMadMartian
DVD Profiler Desktop and Mobile RegistrantStar ContributorDJ Doena
Registered: May 1, 2002
Registered: March 14, 2007
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Just like Greece it's the interest that kills. Essentially, if you have to take up new credits just to pay this year's interests then you're stepping on the accelerator to escape from the crash into the wall that's in front of you.

It's like the end phase of Monopoly: If you have to sell your entire light-blue street set to afford the rent on Baordwalk, you'll know you are going to lose, you've just not accepted it yet.
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 Last edited: by DJ Doena
DVD Profiler Desktop and Mobile Registrantmediadogg
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Registered: March 18, 2007
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Quoting TheMadMartian:
Quote:
I don't know where they get their information but, according to the U.S. Treasury, the National Debt, as of 10/28/2011, was $14,937,858,721,060.08.  That's pretty close to the number on that site. 

Ah, OK. So based on DJ's comment about interest rates, I guess if you validate the base number as of some date, and you know the interest rate and the fraction of the debt that grows on the basis of interest, you can build a simulator. The tricky part is that fraction of the debt that occurs based on actual spending, which maybe you can estimate based on past expenditures and future obligations.
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 Last edited: by mediadogg
DVD Profiler Unlimited RegistrantStar Contributorwhispering
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Registered: March 13, 2007
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Finnish one: http://www.velkakello.fi/

The second number is "my share" of the debt, if you want to put it in context.

Edit: ...and for the Americans, we separate decimals with a , sign. Not a dot.
 Last edited: by whispering
DVD Profiler Desktop and Mobile RegistrantStar ContributorFunkyLA
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Registered: March 13, 2007
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Quoting whispering:
Quote:
Edit: ...and for the Americans, we separate decimals with a , sign. Not a dot.

Us Brits use the . for decimals you know... 
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Ah... well you see.... I thought I'd say something more interesting... but cannot think of anything..... oh well
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