Showing posts with label family. Show all posts
Showing posts with label family. Show all posts

Friday, 25 January 2013

Fiscal Cliffs

OK you most likely to have seen this one in an email someone has sent you but I believe it illustrates very clearly to a household level just what is the size of debts that governments can rack up on our behalf.
Now some homework - can someone repeat the same formula used here to illustrate the US debt to the Australian situation?