Friday, September 26, 2008

That Could Take A While

Was talking with someone today, and what is being billed as the "Financial Crisis of the Century" came up, of course.

We were both discussing how frustrating the news has been to watch and try to follow because the technical details of the financial crisis are so freaking beyond even our college-educated economic understanding. Then, he laid this on me.

Some estimates say the Wall Street bailout could reach as much as $1 trillion.

If you or I set out to spend $1 a second, it would take us 31,709 years and 292 days to spend $1 trillion.

That clears it all up.

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