The government of the USA has spent $1.9 trillion on a COVID-19 stimulus package -
Here's a way to help us understand the big numbers we hear so often, especially in regards to the economy of different nations:
1 million seconds = 11.5 days
1 billion seconds = 31 yrs
1 trillion seconds = 31,709 yrs
Governments globally have unveiled an estimated $15 TRILLION in ‘stimulus’ packages to shield their economies from the economic fallout of COVID-19.
No one is sure where all of this money will come from.
World debt stood at $250 TRILLION in 2019.
All of it, we can presume, will have been borrowed from central banks.
Those who hold the reins of government…are struggling in vain to place business operations on a more secure basis. 9T 13
