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Importing a ‘Made-in-America’ crisis

Does this figure—10,329,969,366,304—make any sense to you? In school physics, we learnt that such large numbers are usually associated with the distance between one planet and another. But put a dollar sign before the above figure, and it constitutes a major part of the answer as to why the glo  ....Read more

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Importing a made in America CrisisBy: KJPATEL | Sunday , 19 Oct '08 15:30:01 PM Reply | Forward If anyone is interested in figuring out how much is a trillion here is Mir Ali Hussain writing in OutLook explains: As figures keep getting tossed around, one begins to suffer from number fatigue. How does one make sense of these large values? Here’s one way to imagine a trillion dollars. Let’s say you have a magic machine that spits out a $100 bill every second, all day and all night long. In the first minute, you’d have $6,000. In the first hour, $360,000. In the first 24-hour day, you will possess more than $8.6 million. A year later, you’ll have a little more than $3.15 billion. In other words, it will take you and your machine more than 317 years to produce a trillion dollars.
Importing Made in America crisisBy: KJPATEL | Sunday , 19 Oct '08 15:19:31 PM Reply | Forward Mir Ali Hussain writing in Outlook gives an example of how such a large number is made to come to life for our understanding. As figures keep getting tossed around, one begins to suffer from number fatigue. How does one make sense of these large values? Here’s one way to imagine a trillion dollars. Let’s say you have a magic machine that spits out a $100 bill every second, all day and all night long. In the first minute, you’d have $6,000. In the first hour, $360,000. In the first 24-hour day, you will possess more than $8.6 million. A year later, you’ll have a little more than $3.15 billion. In other words, it will take you and your machine more than 317 years to produce a trillion dollars.
Concealing the Whole TruthBy: Alankar JNU | Sunday , 19 Oct '08 9:33:49 AM Reply | Forward It would have looked a more comprehensive and complete piece had Kulkarni mentioned that after starting with the devastating Manmohanomics in early 1990s how Vajpayee-Advani led NDA rule had rigorously paced India's ugly pursuit of the 'American Dream'. Does the author feel Indians have forgotten that 'India Shining' was all out a BJP campaign to sell vigorously India's hot pursuit of American-like false prosperity? He also fails to mention how Left rulers like CPI-CPM through TATAs are shamelessly on the same path of selling American dream to Indians of owning a car just for luxury rather than utility, especially amongst Indian lower middle class in shape of NANO the Rs 1 Lakh car. Anyways, one did not expect from author Kulkarni a speech-writer of Advani to be so truly candid. The article seems another exercise to ensure that an unfruitful blame game exercise continues in people's mind regarding choice of political masters from the same corrupt, immoral, rotten and pro-rich lobby
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