Billion secs = 32 yrs, Trillion secs = 32,000 yrs


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Friday, January 14, 2011

FT: What chance a US default?

America: Paydown problems

It was the most startling of warnings. If the US does not get its finances in order “we will have a European situation on our hands, and possibly worse”, claimed Paul Ryan, the new Republican chairman of the House of Representatives budget committee.

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