The Next Frontier: Quadrillion

Discussion in 'Economics' started by GermanTrader, Nov 11, 2008.

  1. Assuming government continues spending, borrowing and bailing as planned, how long will it take to read a quadrillion dollars of debt?

    Quadrillion= $1,000,000,000,000,000
     
  2. If we continue at the rate we have been spending since the beginning of this century? Then we will hit the 1 quadrillion mark right around the mid 2060s.

    It will be funny to hear people saying...Wow...why didnt we pay off our debt when it was ONLY 10 trillion. That would've been so easy to pay off.