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August 2010
"Economics is tough. It's easy to hit basic microeconomics, but none of the experts can agree on the tough stuff.
Start with the easy stuff.
" - Charlie Munger
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Gongol.com Archives: August 2010
Brian Gongol
August 9, 2010
The Federal debt is equal to $1,800 for every second that has passed since the US declared independence in 1776
Do the math:
Current Federal debt
: $13,310,887,351,665.80.
Seconds since independence was declared
: 7,387,372,800. Then try to comprehend how much money that really represents.
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