Friday, February 12, 2016

Debt Perspective

There used to be a graying tower alone on the sea
You became the light on the dark side of me
--Seal

Nice perspective on the size of US debt.



$19 trillion in federal debt + $70 trillion in unfunded liabilities = $90 trillion. GDP of the world currently ~ $18 trillion.

If the analysis was expanded to include all world debt and unfunded obligations, then Lady Liberty and those NYC skyscrapers would look awfully small.

No comments: