Wednesday, February 03, 2010

Dissolving the Financial Crisis

Recently many countries have had a few problems (it could be a few countries had many problems I may have got that bit wrong). Anyway, it seems that there are a few problems around of a country-wide scale. One, or all of these problems are to do with the financial peculiarities.

Actually, most countries don't like the statement 'financial catastrophy' or 'financial disaster', or 'financial depression', and have got their best brains to hunt for a better more apt statement. They discovered the statement 'credit crunch' which avoids negative impressions and also avoids any connection with anything financial or anything disastrous. Coupled with the stroke of genius of not defining the statement removes any worry about the statement being misunderstood. In fact, most people enjoy something crunchy and credit has always a positive impression. So, the two words together make it something doubly desirable! In the not too distant future we will see many citizens handing over large quantities of cash to obtain a credit crunch.

But, that's beside the point.

So, we have this credit crunch which is causing a little concern as it appears we have borrowed rather a lot of money from somewhere to pay for something and now wherever we borrowed the money from we need to pay it back.

Now, the way it can be figured is we owe something like 1 trillion (million million) pounds. Which works out to roughly 16 thousand pounds per person in the UK. That sounds like a lot of money for each person to pay. But, if we pay the government 1000pounds per person and then we each need to find roughly 15 thousand pounds per person. From my studies it seems that if we each do a sponsored walk, or a sponsored silence, or sponsored holding-our-breath then the way I figure it at 1pound per mile, or minute we'd need to walk roughly 15thousand miles or hold our breath for roughly 250 hours (roughly 10 days) or be silent for roughly 10 days. The sponsored walk could possibly work as could the sponsored holding-our-breath, but the potential winner could be the sponsored silence for 10 days.

So, in summary we can get out of the current credit crunch by (a) each paying 1000pounds and (b) being silent for 10 days and being sponsored by some folks from the EU or elsewhere to do it. If we can do that we can clear our debt.

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