Bankrupting PIIGS in Infographics
The people of Greece, Ireland, Italy, Portugal & Spain (PIIGS) are in €2.91 trillion Euros debt. So how much is €2.91 trillion? Take a look at the following visual.
This is a visual of 2 Billion Euros. At today’s rate, this is equivalent to 8 Billion Ringgit. We will need 4 giant trucks to tow it on our Malaysian road. One trillion is one thousand billion. To have one trillion Euros, you will be needing 500 of these monster truck. The total PIIGS’ debt is €2.91 and that’s about 1,455 trucks. Convert it to RM and you need an airport to accomodate 5,820 trucks loaded with our RM100 note!
To visualize further on how it would look like, head to demonocracy.info’s jaw-dropping infographics at http://demonocracy.info/infographics/eu/debt_piigs/debt_piigs.html
While you are there, don’t forget to check out their World Debt Infographics as well. Demonocracy.info uses world landmark as comparision – http://demonocracy.info/infographics/usa/world_debt/world_debt.html
Sometimes, it makes me wonder. If every single country in the world are in debt, who is the ultimate lender? What is your thought?
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