“Therefore, one of the most powerful laws in the universe is the law of unintended consequences.” #SuperFreakonomics
“People respond to incentives, although not necess…
“People respond to incentives, although not necessarily in ways that are predictable or manifest.” #SuperFreakonomics
How much process? The sweet spot depends on how ma…
How much process? The sweet spot depends on how many people are participating. Don’t forget to grow across all your dimensions. #agile
First the Mayans, then the Romans. I suppose it’s…
First the Mayans, then the Romans. I suppose it’s our turn.
#blackberry keeps finding ways to extend their ago…
#blackberry keeps finding ways to extend their agony: http://t.co/Im9CRMOTAA
Awesome! A Breathtaking Reminder of Earth’s Minusc…
Awesome! A Breathtaking Reminder of Earth’s Minuscule Place in the Universe [VIDEO] http://t.co/9g8IQWwV8e via @mashable
It’s a #cashmere day at #ruelala http://t.co/aE8N0…
It’s a #cashmere day at #ruelala http://t.co/aE8N0eEBP6
Ah… I’m safe… I only have two: nomophobia and…
Ah… I’m safe… I only have two: nomophobia and IAD: http://t.co/8XbCMVyg3Q #Internet
Oooh… this could be fun: http://t.co/Pb53xknCu1…
Oooh… this could be fun: http://t.co/Pb53xknCu1 #robots #double
Do We Really Default On Our Debt If We Don’t Raise The Debt Ceiling?
I’m not a financial genius, but as best as I can tell… we don’t.
During the last 12 months, the interest on the debt averages out to about $35B per month, or $1.2B per day.
It looks like the government takes in an average of $9B per day, but it spends $17B per day.
Sounds to me like we just need to start living within our means and stop spending money on stupid stuff.
References:
Interest Expense on the Debt Outstanding
Smacking Into the Debt Ceiling: the Day-by-Day Consequences