Showing posts with label Euros. Show all posts
Showing posts with label Euros. Show all posts

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?