05-09-2008, 07:21 PM
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Guru
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Join Date: May 2008
Location: 札幌市
Posts: 7,002
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Quote:
Originally Posted by raytri
Okay, let's break down the 2007 numbers.
U.S. GDP is about $13 trillion. Thus, $1.1 billion represents roughly 3 seconds of our annual output.
Saudi Arabia's GDP is about $366 billion. Their $6.5 million donation represents roughly 9.4 minutes of their annual output.
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Think about per-capita.
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"It is extremely difficult for our contemporaries to conceive of the conditions of free banking because they take government interference with banking for granted and as necessary"
-- Ludwig von Mises
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