Monday, December 14, 2009

Sublime

The US Congress will vote to increase the debt limit from $12 trillion to $14 trillion before the end of the year to avoid having to do so in an election year, 2010.


When does the ridiculous become sublime?

Is there a US debt Chandrasekhar Limit

The Chandrasekhar Limit is defined as:

"For main-sequence stars with a mass below approximately 8 solar masses, the mass of this core will remain below the Chandrasekhar limit, and they will eventually lose mass (as planetary nebulae) until only the core, which becomes a white dwarf, remains.

Stars with higher mass will develop a degenerate core whose mass will grow until it exceeds the limit. At this point the star will explode in a core-collapse supernova, leaving behind either a neutron star or a black hole.".

Is there a limit on the amount of debt the US can generate before a total implosion occurs (the end result of a supernova).

It seems Iceland could not print or generate enough debt to save itself. Zimbabwe has the market cornered in 10 Billion dollar notes. How long will the dollar as Reserve Currency and medium for exchange in oil last?

The US has 3 Trillion dollars committed to this "rescue" effort. Is 6 trillion too much? 9 Trillion? 30 Trillion? At what point will the system break down and go supernova?

http://seekingalpha.com/article/177907-u-s-debt-is-there-a-limit

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