tag:blogger.com,1999:blog-8817171247555815363.post3163899342379215717..comments2024-03-26T05:57:44.937+00:00Comments on True Economics: Economics 29/05/2010: EBS - taxpayers are on the hook, againTrueEconomicshttp://www.blogger.com/profile/07350536454228478974noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8817171247555815363.post-34860697037846702362010-05-29T22:03:39.653+01:002010-05-29T22:03:39.653+01:00Sorry the pointI was trying to make above was the ...Sorry the pointI was trying to make above was the number of zeros to make a billion. I really dont people comprehend the consequence of adding an extra zero. The site below is quiet illuminating on the subjet<br />http://www.dailycognition.com/index.php/2009/03/25/what-1-trillion-dollars-looks-like-in-dollar-bills.html<br />jpcjpchttps://www.blogger.com/profile/04703140386159492972noreply@blogger.comtag:blogger.com,1999:blog-8817171247555815363.post-32275143971945856172010-05-29T14:59:38.274+01:002010-05-29T14:59:38.274+01:00One gets the impression that the unaccountable ind...One gets the impression that the unaccountable individuals making these calls under the cover of "market confidentiality" and without having even the modest accountability afforded by the FOI act have totally lost sight of the enormity of the sums they are dealing with.<br />If asked right now how many politico's and senior civil servants could put the correct number of 0's after the first number. Back in the 80's the revenue generated by the Irish distillers site in Midleton generated a fair portion the day to day hard cash to keep the country afloat. That memory of the value of cash has been lost by the current incumbents.<br />I read your blog regularly and respect the effort that you put into the data and figures you use to support your contentions.Pity others aren't quiet up to or able to comprehend them and the implications they contain for our future. JPCAnonymousnoreply@blogger.com