Monday, May 10, 2010

One infinitillion

Have I got this right? So Europe's economies are choking on debt. Greece was, what, a week or two from sailing over the cliff of solvency, in all probability dragging the whole Eurozone with it...and what an almighty ker-sploosh that would have made, eh? Obviously that's to be avoided, at, well...

...all costs.

It's a trillion dollars, to start. And it's coming from the Eurozone itself. This is fascinating. Where did they get this money, pray tell? And if they've had ONE TRILLION DOLLARS just sitting around gathering dust all this time, how the heck did this crisis ever get to be just averted in the first place?

Is nobody asking this question? (Besides you, James...I know you are.)

I'm going to echo Kunstler's prediction. The stock market is drunk on money right now...even the Goldman Sachs-ers aren't accustomed to ONE TRILLION DOLLARS just appearing out of thin air. I wonder what's going to happen when all that money disappears into the thin air whence it came? Do they just announce a quadrillion next week, a jillion the week after, leading up to an infinitillion dollars? 'Cause hey, I can play this game too. Here, America, here's a squillion dollars. Take it, it's all yours.

2 comments:

Rocketstar said...

Back to gold and rabbits!!! It's a huge house of cards.

Anonymous said...

Infinitillion is equal to 10^∞. 1 followed by ∞ (infinity) zeros.