9.13.2011

National Debts

The population of Germany according to the CIA is 81,471,834 (July 2011 est.)
The national debt of Germany is € 1,895,561,620,931 according to nationaldebtclocks.com

The population of the United States according to the CIA is 313,232,044 (July 2011 est.)
The national debt of the United States is $ 15,091,192,666,470, also according to national debt clocks.com.

Dividing the debt by the population gives us a €23,266.47/German debt and a $48,178.96/American debt. Converting the Euros to dollars with an exchange rate of €1=$1.36, gives us $31,642.40.

This gives us a difference of $16,536.56, that each American owes MORE to whomever than each German owes.

What have you gotten for your $16,536.56?

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