Home » Uncategorized » $1,200,000,000,000

$1,200,000,000,000

That’s a spicy-meatball. WOW. That is A LOT of money. That’s how much money evaporated today on wallstreet in the the first trillion dollar one day loss, according to the Dow Jones  the starndard in the market. Now I’m no economist but that has to be bad. I mean just look at that numer once…

$1,200,000,000,000

Try just typing that number, it’s more zeros than you think. Go ahead, type it I’ll wait…

The $1,200,000,000,000s lost today on Wallstreet is almost double the size of the rescue package rejected by the US House of Representatives earlier today. Can someone please explain to me where all of that has gone to. Albert Einstein says that that matter never disappears, it simply transforms from one type to another as the particles eventually break down. So if all of that money existed how can it dissapear into the ether?

Here’s one way to think about that number. The Earth has an estimated 6,725,000,000 people walking on it. That would mean that we could give every man, woman and child on this planet would get a cool $178.44. We could give the estimnated U.S. population of 301,139,947 a cool $3,984.86. We could give the estimated 73,700,000 children in the U.S. a cool $16,282.23, more than enough to put down on a college education. If we ordered the Double Cheeseburger off of the dollar menu at McDonalds we could get 1,200,000,000,000 of them. WOW, just wow.

Can someone please tell me that everything is going to be OK? I mean we got everyone freaking right-the-fuck-out. Should I be shitting myself or going down to the gun store and stocking up like the the Zombie Invasion is on its way? Someone please tell me I’m going to be OK?

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1 Comment

  1. […] articles: Ed Gruberman – “$1,200,000,000,000″ Tom Rants – “How broke is it?” The Spitting Vessel – “Betting Billions on a […]

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