Sunday, November 29, 2009
A Perspective On Debt
The Canadian Government pays 84 Million Dollars a day in interest. Simply unacceptable. This is the equivalent of 3.5 Million Dollars an hour, some 60,000 a minute or 1,000 a second.
38 Loonies placed side by side makes a metre and the Earth's circumference is about 40 million metres this means 1.5 Billion Loonies, placed side by side, circles the globe. Therefore, Canada's National Debt, in Loonies placed side by side, would completely circle the Earth over 300 times.
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