Off-Topic: Oooops - missing some zeros!
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Name:
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MAJ USA RET
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Subject:
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Oooops - missing some zeros!
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Date:
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11/3/2010 5:27:32 PM
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$600,000,000,000 = $600,000 x 106 = $6 X 1011
$6 x 1011 / 3.5 x 106 people = $1,714.29 for EACH citizen.
at 3.5% inflation
For my 13 year old grandson, that's $2,036.04 for his share of that debt on his 18th birthday.
For my 11 year old grandson, that's $2,181.06 for his share of that debt on his 18th birthday.
For my 5 year old grandson, that's $2,681.07 for his share of that debt on his 18th birthday.
NOT counting the interest to be paid on the bonds.
Somebody please check my math!
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