We're in the money!

Well not really. America's out of the money.
What’s happening in the States involves big numbers. If you can’t count past ten, forget getting your head around this one. We are talking trillions baby!

Now for the mathematically insecure, just what is a trillion. It is 10 multilplied by itself 12 times. Now that doesn’t sound to bad does it? Guess again.

10 x10x10x10x10x10x10x10x10x10x10x10 = 1,000,000,000,000 that’s it.

Now in the old YU ES of A, there are about $11 trillion dollars worth of mortgages. Of these, 10% (that is around 1.1 trillion) are in default – they can’t be paid. Now them’s big bucks.

Remember there is only about 2,500,000,000 seconds in the average life time.

So if you earned $1 every second of your life – that is $3,600 every hour of your life you would need 400 of your life-times to get to 1 trillion dollars.

Well, where is this missing trillion going to come from? The good old Yankee tax payer as the government contemplates the big bail out. To the tune of around $3000 dollars for every man woman and child.

The USA has become the USSA - The United Socialist States of America