Thursday, December 09, 2010

What Would You Do With A Lazy $110 Billion?

It would seem that the US of A has more money than it knows what to do with. Well, it has some useless money, some $110b of it, that it has to guard as it wasn't printed properly. And to think that they cost in the vicinity of $120m to produce it's a rather costly exercise. They aren't sure how the money should be disposed of. Might have to look at making a few suggestions.

What would you do with a lazy US$110b?

- The Yanks could pay off about 0.0795% of their national debt.
- You could buy-out Carlos (Slim) HelĂș and Bill Gates - Forbes list of billionaires.
- You could get about 75% of BHP Billiton Limited at current market capitalisation.
Argentina's foreign debt could be paid off - Wikipedia List of countries by external debt
- Plenty of nice Pacific islands going cheap enough.
- You may have enough to buy Chelski, er Chelsea.
Put the money in a high interest rate account, say 6.20% at Bankwest, and live off the $6.82b/yr it would pay. But seeing as the maximum in the account is $2m you'd need to set up 5,500 term deposits. And the term is only for 7 months. That would keep you rather busy. Too busy to enjoy your money perhaps.
- Might buy my son an ice cream. Might even buy the Mr Whippy van.
- Pay off my home loan. Buy the bank too.
- Maybe the Yanks could buy the Wikileaks Website.
- Purchase 57.8% of Google.

Any suggestions?


Anonymous said...

Agreed. Let's go shopping with it. We need more video games and game systems. Yep and that ice cream too. I will go do a hold up. Gil

Iris Flavia said...

Reminds me a lot of the launch of the darn Euro. Absolutely fraud resistant - so... not.
Your Dollar seems pretty safe, but nooo, they had to do their own thing.