I thought my credit card interest was bananas. But the U.S. pays $4.15 BILLION every day in interest on our $14 trillion debt. That’s crazy, stupid money.
So what could you buy with that kind of cash money if the U.S. accidentally paid you $4 billion and you never had to pay it back or go to jail Madoff-style?
Oh, the things our fiscal irresponsibility could buy.
1. Four $1 billion homes.
Real estate! You could up the ante on this guy in Mumbai, who built the world’s most expensive home. His pad, all 27-stories and 400,000-square-feet of it, cost him $1 billion to build. Build four of them and ruin his view. Success!
2. 14 Avatars. (Not the MySpace kind.)
Become a director! Avatar cost an estimated $280 million to produce. You could make 14 of your own equally as expensive (and preachy) versions.
3. 830 Chelsea Clinton weddings.
Get hitched! Chelsea Clinton’s wedding cost an estimated $5 million. Chump. Change. Have your own version of her wedding every day for 830 days a la Groundhog Day.
4. $167k bottle of wine for every citizen of Mosbach, Germany.
Celebrate! You can buy one of the most expensive bottles of wine, a 1787 Chateau Lafite, for just $167,140.93. Treat every citizen of Mosbach, Germany-population 24,700-to their very own bottle (or 83,990 bottles of Two Buck Chuck each, when you run out of Lafites).
Go social! Twitter was recently valued at $4 billion, which means you’d have enough to snag the #2 social network, with a cool $150 mill left over.
Not bad for a day’s work.
How Do We Know All This? Cuz we’re brilliant. Also:
The Treasury department has this handy site where you can track our debt on the daily.
Reuters reports that the national debt is expected to be $19.6 trillion by 2015. GAH.
Want to know what a billion dollars looks like in pennies? Of course you do.
-Erin Barajas, Serious Coin contributor
Photo credit: WireImage