There has been much talk about huge numbers lately. Some of these numbers
have not been used before except when discussing the distance between stars or galaxies in outer space.
What is a TRILLION?
Federal Debt of the USA stands at over $16 Trillion at this writing. Some say there is an Unfunded Liability beyond this that may reach $150 Trillion.
There is a Derivatives Crisis looming that amounts to as much as 1.5 Quadrillion Dollars.
We hear Millions, Billions and Trillions casually tossed about when discussing National Budgets, Deficits and Debt.
For a way to understand the difference in these terms, try thinking of it this way:
One Million seconds from now will be about a Week and a Half. (11.57 Days or 1.65 Weeks)
One Trillion seconds from now will be about Thirty−Two Thousand Years. (31,688.09 Years)
Light travels at a speed of 186,212 miles per second.
It takes light Just Over a Second (1.28 Seconds) to get here from the Moon,
and Just Over 8 Minutes (8.31 Minutes) to get here from the Sun. However, it takes
light Over 2 Months (62.16 Days) to travel One Trillion Miles!
A friend and I went to buy a used appliance, and I had the $100, cash, in twenty−dollar bills.
Before we went into the store, I had him try to put them in my hand at a rate of one per second.
It took him four tries, but he did it. I then told him that if he could do that for about a minute,
he could pay his rent and utilities for the month. Then I told him that he would need to do that
day and night, year after year, century after century, for about
27 thousand years (26,935 Years) to pay−off the National Debt of the USA
as it stood at the time. Did you get that − one $20 Bill, every second, for
the next 27,000 years ?
There are LESS THAN 6 Trillion miles in a LIGHT-YEAR... Since a PARSEC is about 3.26 light-years,
that means it is about 19.16 Trillion miles. If you could fly the speed of light though space,
and drop a dollar bill every mile while doing so, you would need to fly about a PARSEC (about 3.26 years)
in order to lose as much money as the US gvt. has spent in the monetary issue we are discusing.
BTW, the term, PARSEC, stands for, "parallax of one arcsecond." It's the length of the hypotenuse
of a right triangle, whose short leg is the distance between the Sun and the Earth (approx. 93 Million miles)
when the angle between that leg and the other long leg is one arcsecond .
To figure an ArcSecond is to divide a circle into almost 1.3 MILLION pieces. You got to be really far away
for this calculation to workout for just ONE PARSEC, or 19.16 Trillion Miles...
Concerning "the Derivatives Timebomb," you may wish to read this article:
Using my example of laying out money every second, you would need to lay out a $100 bill every second
for 4,753,213 years to cover all the potential exposure in this Derivatives Crisis mentioned above!