What Does 700 Billion Mean to You?
700 Billion = 700,000,000,000
That is a 12 digit figure, with 11 Zeroes behind it.
To give you a perspective of how large that figure is, I shall attempt to make some comparisons.
1 minutes = 60 seconds
1 hour = 60 minutes = 3,600 seconds
1 day = 24 hours = 1,440 minutes = 86,400 seconds
1 year = 365 days = 8,760 hours = 525,600 minutes = 31,536,000 seconds
1 decade = 10 years = 3,652.5 days (inclusive of leap years) = 87,660 hours = 5,259,600 minutes = 315,576,000 seconds
1 century = 10 decades = 100 years = 36,525 days = 876,660 hours = 52,596,000 minutes = 3,155,760,000 seconds
This is only 0.45% of 700 Billion.
If a man were to live for100 years old, he would need to earn $221.82 per second for his entire life to achieve $700 billion.
We are in year 2008. There are 2008 * 365.25 = 733,422 days inclusive of leap years.
A man would need to spend close to $1,000,000 (a million dollars) a year since Christ was born till Christmas this year to reach $700 billion.
So now. What do you think of the US recent bailout of the economy?
