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

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  1. Eric Graudins profile image61
    Eric Graudinsposted 9 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?

  2. Shadesbreath profile image84
    Shadesbreathposted 9 years ago

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

    1. Eric Graudins profile image61
      Eric Graudinsposted 9 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!

      1. Shadesbreath profile image84
        Shadesbreathposted 9 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?

  3. Jewels profile image83
    Jewelsposted 9 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.

  4. ProCW profile image81
    ProCWposted 9 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

  5. Paraglider profile image92
    Paragliderposted 9 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.

  6. Mark Knowles profile image60
    Mark Knowlesposted 9 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 lol

  7. Shadesbreath profile image84
    Shadesbreathposted 9 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.

  8. spryte profile image83
    spryteposted 9 years ago

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

  9. gamergirl profile image60
    gamergirlposted 9 years ago

    it's 800,000,000,000, right?

    That means spryte just claimed he makes five million dollars a year.  o.o

  10. spryte profile image83
    spryteposted 9 years ago

    Damn...forgot a couple of zeroes.  smile  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.

    1. Patty Inglish, MS profile image92
      Patty Inglish, MSposted 9 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? smile

  11. gamergirl profile image60
    gamergirlposted 9 years ago

    For note:

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

  12. pauldeeds profile imageSTAFF
    pauldeedsposted 9 years ago

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

    1. Eric Graudins profile image61
      Eric Graudinsposted 9 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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