Thursday, April 23, 2009

Just so you know...

As we are now talking in trillions, (of US debt), many people do not have a perspective on the potential €90billion exposure to dodgy property loans, or the €450billion in exposure of the Bank Guarantee that this Government has gotten us all into.

Just so you know, there is an enormous difference between millions and billions.

To put it in time terms:

A million seconds is about 10 days. A billion seconds is over 30 years!

€90billion or worse still, €450billion is huge.

No comments:

Post a Comment