Our Amazing Debt (Cosmos Parody)

Video Statistics and Information

Video
Captions Word Cloud
Reddit Comments
Captions
We are about to begin a journey beyond ordinary human understanding Lost somewhere between immensity and eternity Join me, as we explore: Our Amazing Debt We are all made of star stuff -- and in America, we're all born more than 61 thousand dollars in debt The collective debt we owe as a country now stands at 20 trillion dollars A level of debt unfathomable to our contemptible caveman ancestors How can we comprehend the sheer magnitude of our national debt? With our starship of imagination This is the USS Dumbitdownforme and it cost 12 billion dollars to construct all financed through debt We didn’t have the money to build it and we didn’t want to raise taxes to pay for it but we really wanted it So, like a fiscal wormhole, we’ve used debt to puncture the reality of financial constraints connecting what we want now to promises of paying even more money later Let’s take a look inside and see what 20 Trillion dollars really means 20 trillion dollars isn’t just a lot of money, it’s all of the money, and then some If we could round up all the US currency in existence - every dollar bill, every quarter, every penny we'd still need another 18 Trillion dollars All the gold that’s ever been mined couldn’t even cover half of our debt Yet our story doesn't end here Like our ever-expanding universe our debt is constantly growing larger This year we'll pay more than 250 billion dollars on interest payments not the debt, just the fee for borrowing money Much as cosmic expansion will inevitably lead to the heat death of our own universe the debt, too, is unsustainable As nature seeks balance so too will our creditors Will the government gut spending? Defund entitlements? Devalue our currency? One day, perhaps in our lifetime we will discover the answers and reach the limit of our amazing debt But for now we can only behold the awesome force that binds all Americans bewitching us with the fascinating possibility that maybe just maybe we're all f*cked
Info
Channel: ReasonTV
Views: 105,616
Rating: undefined out of 5
Keywords: libertarian, Reason magazine, reason.com, reason.tv, reasontv, Cosmos, Parody, National Debt
Id: XlGdzduYjsA
Channel Id: undefined
Length: 2min 35sec (155 seconds)
Published: Tue Sep 12 2017
Related Videos
Note
Please note that this website is currently a work in progress! Lots of interesting data and statistics to come.