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Author Topic: World Debt Clock by nations.  (Read 558 times)
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November 02, 2023, 04:36:59 AM
 #61

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How quickly is the US national debt increasing?

In 1986, it took 1642 days to go from the 1st trillion in debt added to the 2nd trillion ~ 4.5 years.

In 2023, it took 92 days ~ 0.25 years. 🤯

That means debt is increasing 18x faster.

The money is broken. Go with Bitcoin


No, actually it's not as easy as taking 1642 and dividing it by 92, you also have to factor in compound interest for inflation. According to https://www.usinflationcalculator.com/ the cumulative inflation would be 180% between those two years, and it is logical to think that they are based on official inflation data, so we can assume that the real inflation is even higher. Taking this into consideration we can safely assume that the debt is now increasing at least 6 times faster but not as much as 18x.

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November 02, 2023, 04:44:02 PM
 #62

....

A specific indicator to be honest. Lending funds is directly proportional to the growth of many other indicators - from population to investment in the military-industrial complex and economic growth. And during this period, these indicators also increased, some more and some many times. If the graph looked more informative, you should add the indicated indicators to it, and then the correlation will be visible and it won’t look so “scary” Smiley

Well, whether they succeeded well or badly can be judged by inflationary processes, unemployment rates and other indicators of the “quality of the economy.” Something that many other countries cannot boast of.

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November 02, 2023, 11:41:29 PM
Last edit: November 03, 2023, 06:34:38 AM by franky1
 #63

best 30second video to show how national debt works with many nations
remember the guy in middle is told he is in debt at start. then see where the money lands at the end
https://www.youtube.com/watch?v=pENxsLVR_Xs

when you look at world debt and realise countries owe each other in a circle, it will make sense that the debt numbers are just that, numbers

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November 03, 2023, 12:08:38 AM
 #64

Days per trillion could be a new measurement of speed.  If we compare something like Argentina inflation at 100% and their situation it might be surprising how slow their debt is yet they are in dire consequences.  The biggest difference is vast usage of Dollar world wide where as Ive never seen an Argentina note and probably never will.   Countries that have no money or no regular internal economy at least have dollar to trade and its helpful to them FIAT with utility despite its many flaws and losses.
  Perhaps if people are expecting to call a tide change they would have to guess when Dollar usage is likely to be lower, this year Ive heard multiple times complaining there arent enough dollars in circulation for them to use limiting their economy its all ironic I guess.

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