Friday, March 17, 2006

Chump Change ??? Or Time to Change a ...

US spends its way to 28 Eiffel towers: made out of pure gold
From Tim Reid in Washington

IF YOU are worried about how much you owe on your credit cards, this might put things in perspective: America’s national debt limit was increased yesterday to $9 trillion. That’s $9,000,000,000,000 — enough to buy Buckingham Palace 9,000 times
The vote to increase the debt limit, requested by the White House, is the fourth since Mr Bush took office. In 2001 the national debt was $5.7 trillion. Today it has ballooned to $8.2 trillion, figures rarely talked about in Washington

Is roughly four times Britain’s GDP
Equates to $1,500 for every man, woman and child in the world
Would buy all the tea in China. In fact it would buy all the tea in the world for the next 2,000 years.
Is enough to solve the Palestinian crisis by rehousing every Israeli and Palestinian family in a £1.5m detached house in Henley-on-Thames
Would build 28 Eiffel Towers — constructed out of gold
Times Online


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