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?
I don't want the cars, I just want the available debit line.
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!
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?
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.
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.
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)
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.
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
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.
I only have to work for 160,000 years to earn that much money (before taxes) at my current salary.
it's 800,000,000,000, right?
That means spryte just claimed he makes five million dollars a year. o.o
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.
800 billion dollars would buy enough gas to fill the tanks of 13,333,333,334 cars.
800 billion dollars would be enough to buy HubPages, twice.
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