$16 buys a good lunch
$160 buys some nice shoes
$1,600 buys a very nice TV
$16,000 buys a small car
$160,000 buys most people in the Southern US a house
$1,600,000 is more than what most people make in their entire
lifetime of 40 years of work
$16,000,000 is about the cost of one F-16 fighter aircraft or a
platoon of 5 M1 Abrams tanks
$160,000,000 (one hundred sixty million) is what the 2008 Obama
Inauguration cost
$1,600,000,000 (1.6 billion) is about the GDP of the Republic of
Burundi in Africa, population 9 million people
$16,000,000,000 (16 billion) is about what it cost to design,
build and fit the latest and greatest US aircraft (USS Gerald R. Ford, still in
the docks being made, next to the new USS JFK)
$160,000,000,000 (160 billion) is the total value of the most
valuable corporation in the world, Apple Computer.
$1,600,000,000,000: (1.6 trillion) The total goods and services
in the state of California per year (GDP), the 8th largest economy
in the world, with a population of 37.7 million people (and an unmanageable debt of its own...but that's a different story.)
$16,000,000,000,000: (16 trillion) That’s 1,000 fully equipped
brand spanking new top of the line aircraft carriers. Or, that’s $51,000
for each and every one of the 311 million US citizens.
Here's an article if you want to read the Boston Globe's report on the news.
The world is watching the EU's debtor nations pull the Euro community off a cliff. With debt levels like this, and growing constantly, how long will it be before the US falls into the same abyss?
The world is watching the EU's debtor nations pull the Euro community off a cliff. With debt levels like this, and growing constantly, how long will it be before the US falls into the same abyss?