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Old 25-11-18, 12:00 PM   #3
Bibio
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Default Re: 1 million versus 1 billion

now lets look at something very scary

£1,800,000,000,000 in seconds to repay the national debt not including interest =
@ £1 a second = £86,400 a day, 47,564.7 years
@ £10 a second = £864,000 a day, 4756.47 years
@ £100 a second = £8,640,000 a day, 475.647 years

now the interest alone =
@ 1/4% the interest on 1.8 trillion is 4,500,000,000 a year
our monthly repayments are £375,000,000

all assuming my calculations are correct.

every single person of the 66.57 million people in the UK has a theoretical debt of £27,000 each

Last edited by Bibio; 25-11-18 at 12:06 PM.
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