The US owes more than the entire planet can pay back!
JUNE 25, 2012
Get ready for some high-octane nightmare fuel!
The warning in the title comes from Mark Steyn, who has repeatedly expounded upon the perils of sovereign debt. We owe so much that the entire planet does, indeed, have a serious problem.
As if all that were not enough, the oft-quoted figure of $16 trillion federal debt is deeply understated because it does not include the unfunded Medicare, Medicare Prescription Drug Program, Social Security, Military and civil servant pensions that the federal government has promised to provide. The total is beyond anything we can imagine without some innovative graphical visualizations.
Click here to see US Debt Visualized.
Oh, and by the way…