800 Billion. A bit of fun to work out what it means.

1. 59

   Eric Graudinsposted 15 years ago

   800 Billion dollars is a sum of money that I can only dimly comprehend, so I tried to make sense of it in a comment on another forum post.
   
   I came up with the following:
   
   A Rolls Royce car costs around $400,000 ( a significant sum of money!)
   
   Imagine that you wanted to order 800 billion dollars worth of Rolls Royce cars, for delivery in a year.
   
   To meet the order, the factory would have to produce 380 cars per minute,
   24 hours a day,
   7 days a week
   For a YEAR!
   
   And the interest bill at 5% per annum would be 19 Rolls Royces per minute.
   
   Honestly, I don't know which is scarier!
   
   What other examples can creative hubbers come up with?

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2. 79

   Shadesbreathposted 15 years ago

   I don't want the cars, I just want the available debit line.

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   1. 59

      Eric Graudinsposted 15 years agoin reply to this

      It would certainly buy a lot of beers!
      You could also pay the mortgage of everyone on Hubpages - and probably buy Australia as well.
      Benevolent Dictator Shadesbreath
      
      Has a nice ring to it!

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      1. 79

         Shadesbreathposted 15 years agoin reply to this

         Yes, me for dictator!!! I've been saying that for years.  And you know what, I would pay off everyone's mortgage.  Why in the F-  do we have to PAY for a place to live?  Jezus.. if you spend one second thinking about that deeply, it is the most wrong thing there is... and I am a HUGE believer in private property.  Just, how does "inalienable rights" not include a space to actually reside?

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3. 83

   Jewelsposted 15 years ago

   Thanks for doing the math, it was never my best subject.  And think of the pollution all those cars would create, which equates to 19 cars a minute, yes indeed. Or is there more pollution I'm not aware of. Most likely is.

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4. 79

   ProCWposted 15 years ago

   Here's one for ya...
   
   The USA's debt is ~ $10 Trillion or ~ $32,000 per American.
   
   $800 Billion could reduce the total debt to ~ $9.2 Trillion or ~ $30,000 per American.
   
   Scary.
   
   Original numbers are according to http://www.brillig.com/debt_clock/. I don't know if the numbers are correct, but if they are... WOW!!!!!!!!!! (in a bad way)
   
   ProCW

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5. 89

   Paragliderposted 15 years ago

   Here's another -
   
   Take your $800 Bn as single dollar bills. Space them out 6 inches apart in a straight line. Before you've reached the bottom of the pile, you've reached the SUN, 93 million miles away.

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6. 58

   Mark Knowlesposted 15 years ago

   Yes, but just think how many "consultancy fees" will get taken out before it gets to where it is supposed to go.
   
   I predict approximately $37 will end up where it is intended.
   
   Notwithstanding the fact that they do not actually have this money. There are going to have to borrow it

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7. 79

   Shadesbreathposted 15 years ago

   We should just tell everyone to F-off and let the global economy play out.  Everyone wanted a piece of ours... we had lots of people who thought it was a great idea to go all osmosis with our economy to the rest of the world...so.. let the market run.    Everyone hates us anyway, so, let them all crash with us because we are so horrible anyway.
   
   Globe needs a new Empire, the story is getting old.  I love the General's chicken, so, it's like, whatever.

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8. 74

   spryteposted 15 years ago

   I only have to work for 160,000 years to earn that much money (before taxes) at my current salary. 

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9. 84

   gamergirlposted 15 years ago

   it's 800,000,000,000, right?
   
   That means spryte just claimed he makes five million dollars a year.  o.o

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10. 74

    spryteposted 15 years ago

    Damn...forgot a couple of zeroes.    Now you know why I'm NOT paid 5 million a year.  Crap...now I'll never retire.  I have to work 16 million years.

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       Patty Inglish, MSposted 15 years agoin reply to this

       Well, since the US Government is pushing the retirement age up to 75 years of age, why not push for the whole lifespan?

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11. 84

    gamergirlposted 15 years ago

    For note:
    
    800 billion dollars would buy enough gas to fill the tanks of 13,333,333,334 cars.

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12. STAFF

    pauldeedsposted 15 years ago

    800 billion dollars would be enough to buy HubPages, twice.

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    1. 59

       Eric Graudinsposted 15 years agoin reply to this

       At the rate that the value of US dollar will probably plummet soon, you're probably right!

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