How Are Your Math Skills? - GoFuckYourself.com

BFT3K · 07-07-2015, 08:34 AM

Anybody out there good with numbers? If so, what does the collective total of the "External debt" column add up to?...

https://en.wikipedia.org/wiki/List_o..._external_debt

Thanks in advance!

GFED · 07-07-2015, 08:48 AM

18,328,991,667,000

The Porn Nerd · 07-07-2015, 08:58 AM

Terrible, the lab keeps blowing up. I'm down to two fingers.....

Oh you said MATH. I thought you said 'meth'. Nevermind.

BFT3K · 07-07-2015, 10:05 AM

Quote:

Originally Posted by GFED

18,328,991,667,000

That number is less than just line one (the US).

What is the combined total of all 190 countries listed?

sarettah · 07-07-2015, 10:14 AM

75,561,383,629,787

.

GFED · 07-07-2015, 12:47 PM

Quote:

Originally Posted by BFT3K

That number is less than just line one (the US).

What is the combined total of all 190 countries listed?

NVM... it's not pasting correctly in my Excel.

BFT3K · 07-07-2015, 02:41 PM

Quote:

Originally Posted by sarettah

75,561,383,629,787

.

Is that a real total?

wehateporn · 07-07-2015, 02:43 PM

Eventually the conspiracy part of my brain ran out of space and started overwriting the Maths section

GFED · 07-07-2015, 06:09 PM

78,306,756,516,097

final answer!

RyuLion · 07-07-2015, 06:15 PM

My education records know..

mineistaken · 07-07-2015, 06:19 PM

Quote:

Originally Posted by BFT3K

Is that a real total?

Where will you use the exact figure?
Aproximately it seems right, around 75

sarettah · 07-07-2015, 06:40 PM

Quote:

Originally Posted by BFT3K

Is that a real total?

That is the total that excel gave me. I did not error check it.

.

sarettah · 07-07-2015, 06:43 PM

Quote:

Originally Posted by GFED

78,306,756,516,097

final answer!

78,306,756,516,097 is what I got after error checking so that looks like the right number.

There were 2 numbers in there with footnotes (105,700,000,000 [16]). That was screwing up the total.
.

BFT3K · 07-07-2015, 07:06 PM

Quote:

Originally Posted by mineistaken

Where will you use the exact figure?
Aproximately it seems right, around 75

I know money is no longer backed by gold, but just for fun, using $75 Trillion dollars as a number, and using today's market value of gold, that would be the equivalent of around 4,066,804,034 pounds of gold.

According to National Geographic, there is approximately 363,762,732 pounds of "above-ground" gold on Earth.

4,066,804,034 pounds of pretend money gold minus 363,762,732 pounds of actual gold equals almost a 4 Trillion pound difference (3,703,041,302 pounds).

3,703,041,302 pounds times approximately $18,442 per pound equals a difference of almost 70 Trillion Dollars ($68,291,487,691,484 dollars).

Just something to think about.

ErectMedia · 07-07-2015, 08:31 PM

3 ice creams is the answer to any math problem.

GFED · 07-07-2015, 08:39 PM

Quote:

Originally Posted by sarettah

78,306,756,516,097 is what I got after error checking so that looks like the right number.

There were 2 numbers in there with footnotes (105,700,000,000 [16]). That was screwing up the total.
.

yes, those got me too. and i also forgot how to use the sum command since i never use excel... lol

dyna mo · 07-07-2015, 08:47 PM

Where are you going with this? Debt is meaningless or meaningful?

mineistaken · 07-08-2015, 04:18 AM

Quote:

Originally Posted by BFT3K

I know money is no longer backed by gold, but just for fun, using $75 Trillion dollars as a number, and using today's market value of gold, that would be the equivalent of around 4,066,804,034 pounds of gold.

According to National Geographic, there is approximately 363,762,732 pounds of "above-ground" gold on Earth.

4,066,804,034 pounds of pretend money gold minus 363,762,732 pounds of actual gold equals almost a 4 Trillion pound difference (3,703,041,302 pounds).

3,703,041,302 pounds times approximately $18,442 per pound equals a difference of almost 70 Trillion Dollars ($68,291,487,691,484 dollars).

Just something to think about.

You would need total amount of money for this, not debt, which is lower than all the money floating around (which would supposedly be backed by gold).

Also in theory debt may be even higher than total amount of money.
Lets say there are 3 guys and total currency issued is 30 units backed by gold. One guy lends 10 to the second, second lends his 20 to the third, thirds lends his 30 to the first.
Total amount of external debt =60, but only 30 is backed by gold, because there is only 30 units issued. So debt should not necessary be backed by gold, because not debt, but actual issued currency should be.

CPA-Rush · 07-08-2015, 05:39 AM

romeo22 · 07-08-2015, 01:38 PM

huge numbers of dept too bad there is no statistic how much is incises yearly

AntonMG · 07-08-2015, 02:06 PM

Maybe someone here can tell me to whom all the planet owes that money?

wehateporn · 07-08-2015, 02:13 PM

Quote:

Originally Posted by AntonMG

Maybe someone here can tell me to whom all the planet owes that money?

It's what's known as an imaginary number

AntonMG · 07-08-2015, 02:40 PM

Quote:

Originally Posted by wehateporn

It's what's known as an imaginary number

My question is genuine.
Say countries borrow money from the monetary funds. Where does this money come from???

AntonMG · 07-08-2015, 02:43 PM

Quote:

Note that while a country may have a relatively large external debt (either in absolute or per capita terms), it could be a "net international creditor" if its external debt is less than the total of the external debt of other countries held by it. For example, Norway, Luxembourg, Switzerland, Italy and others are net international creditors.

Ok, so if I understand properly... some countries borrow money, but also lend money.
So technically the debt and credit should add up to 0...

wehateporn · 07-08-2015, 02:52 PM

Quote:

Originally Posted by AntonMG

My question is genuine.
Say countries borrow money from the monetary funds. Where does this money come from???

The debt is created out of thin air

hdkiller · 07-08-2015, 03:12 PM

https://en.wikipedia.org/wiki/Fracti...eserve_banking

Relic · 07-08-2015, 03:38 PM

Quote:

Originally Posted by AntonMG

Where does this money come from???

An inherent belief in dots per inch and gloss.

AntonMG · 07-08-2015, 04:02 PM

Quote:

Originally Posted by hdkiller

https://en.wikipedia.org/wiki/Fracti...eserve_banking

So technically, countries are borrowing money from other countries or central banks that have borrowed it themselves from another country or bank... each keeping 20% (ish) of the amount they borrowed in case they are asked to pay back what they were given.

No wonder the first move of Greece was to limit the amount you could withdraw from your account...

Now correct me if I'm wrong, that means that only 20% (ish again) of the money people have deposited in their bank account is actually "there" and the rest was sent upwards in a system that eventually will lend trillions to countries, each time claiming that they are handing the full amount?

Interesting....

BFT3K · 07-10-2015, 09:15 PM

https://www.youtube.com/watch?v=iP9H5fADC0E

oppoten · 07-10-2015, 10:36 PM

Quote:

Originally Posted by CPA-Rush

I guess that's why they offered him the presidency....

Spunky · 07-10-2015, 10:38 PM

My guess is potato

SekobA · 07-11-2015, 02:39 AM

1.345.231m

Panthercash · 07-11-2015, 04:41 AM

not so good

EngineCash · 07-13-2015, 08:00 AM

Is this fucking possible???

I thought Luxembourg is nice place to live in...

They have larger per capita debt then most of the countries avg salary for God sakes... And whole world talks about Greece...

07-07-2015, 08:34 AM	#1
BFT3K Too lazy to set a custom title Industry Role: Join Date: Dec 2005 Location: Narnia Posts: 10,764	How Are Your Math Skills? Anybody out there good with numbers? If so, what does the collective total of the "External debt" column add up to?... https://en.wikipedia.org/wiki/List_o..._external_debt Thanks in advance!

07-07-2015, 08:58 AM	#3
The Porn Nerd Living The Dream Industry Role: Join Date: Jun 2009 Location: Inside a Monitor Posts: 19,523	Terrible, the lab keeps blowing up. I'm down to two fingers..... Oh you said MATH. I thought you said 'meth'. Nevermind. __________________ My Affiliate Programs: Porn Nerd Cash \| Porn Showcase \| Aggressive Gold Over 90 paysites to promote! Now on Teams: peabodymedia

07-07-2015, 10:14 AM	#5
sarettah see you later, I'm gone Industry Role: Join Date: Oct 2002 Posts: 14,063	75,561,383,629,787 . __________________ All cookies cleared!

07-07-2015, 02:43 PM	#8
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07-07-2015, 06:15 PM	#10
RyuLion ClubDomCash.com Industry Role: Join Date: Mar 2003 Location: San Diego Posts: 32,184	My education records know.. __________________ Adult Biz Consultant A tech head since 1995

07-07-2015, 08:48 AM	#2
GFED Confirmed User Industry Role: Join Date: May 2002 Posts: 8,098	18,328,991,667,000

07-07-2015, 06:09 PM	#9
GFED Confirmed User Industry Role: Join Date: May 2002 Posts: 8,098	78,306,756,516,097 final answer!

07-07-2015, 08:31 PM	#15
ErectMedia Confirmed Chicago Pimp Industry Role: Join Date: Aug 2004 Location: Chicago Posts: 7,100	3 ice creams is the answer to any math problem. __________________ Domain Name Registration Web3 Domains

07-07-2015, 08:47 PM	#17
dyna mo The People's Post Industry Role: Join Date: Dec 2008 Location: invisible 7-11 Posts: 64,031	Where are you going with this? Debt is meaningless or meaningful?

07-08-2015, 05:39 AM	#19
CPA-Rush small trip to underworld Industry Role: Join Date: Mar 2012 Location: first gen intel 80386/nintendo-gb/arcade/ps1/internet person Posts: 4,927	__________________ automatic exchange - paxum , bitcoin,pm, payza . daizzzy signbucks caution will black-hat black-hat your traffic ignored forever :zuzana designs {firefox- remove some posters \|skills#1\|skills#2\| email >[email protected] } ツ

07-08-2015, 01:38 PM	#20
romeo22 你自己去他媽的 Industry Role: Join Date: Mar 2008 Posts: 23,346	huge numbers of dept too bad there is no statistic how much is incises yearly

07-08-2015, 02:06 PM	#21
AntonMG Confirmed User Industry Role: Join Date: Jul 2014 Location: Montreal, QC, CA Posts: 596	Maybe someone here can tell me to whom all the planet owes that money?

07-08-2015, 03:12 PM	#26
hdkiller Full time cybermage Industry Role: Join Date: Jun 2006 Location: Cyberspace Posts: 461	https://en.wikipedia.org/wiki/Fracti...eserve_banking __________________ ClickPapa! - Buy and Sell traffic

07-10-2015, 09:15 PM	#29
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07-10-2015, 10:38 PM	#31
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07-11-2015, 02:39 AM	#32
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07-11-2015, 04:41 AM	#33
Panthercash Registered User Industry Role: Join Date: Feb 2015 Posts: 55	not so good __________________ pantherCASH ICQ: 652367559 \| Skype: Panther.Cash \| webmaster (at) panthercash (dot) com

07-13-2015, 08:00 AM	#34
EngineCash Confirmed User Join Date: Aug 2006 Posts: 2,816	Is this fucking possible??? I thought Luxembourg is nice place to live in... They have larger per capita debt then most of the countries avg salary for God sakes... And whole world talks about Greece... __________________ support(@)enginecash.com