$700bn — five times Pakistan’s GDP (Reuters via Dawn in Pakistan)

struggle4progress

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Sat Oct-04-08 03:16 AM
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$700bn — five times Pakistan’s GDP (Reuters via Dawn in Pakistan)

... $700 billion is roughly equal to the GDP of Netherlands ... It is only $100 billion short of the combined GDP of all of Africa ... It is only $78 billion more than the US defence budget ... The plan could be funded with the market capitalisations of the world’s two largest oil companies, Exxon Mobil Corp and PetroChina, which stand at $403 billion and $325 billion respectively. There would even be $28 billion in change ...

http://www.dawn.com/2008/10/04/top19.htm

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bemildred

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Sat Oct-04-08 07:15 AM
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1. Now, now, it's not like it's real money. nt

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struggle4progress

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Sat Oct-04-08 10:36 PM
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2. If $700 billion doesn't even buy its own weight in recycle-bin waste paper, you might be right

Edited on Sat Oct-04-08 10:37 PM by struggle4progress

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bemildred

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Sun Oct-05-08 01:27 PM
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4. Sorry, very little money is even paper now.

It's little ones and zeroes on some storage media somewhere.

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bhikkhu

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Sun Oct-05-08 01:34 AM
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3. $850 Billion if you include the tax cuts for the rich

...so we have surpassed the GDP of the continent of Africa. We may as well keep our grand legislative gestures in proper perspective, for all the good it will do us.

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