Todd said:
Doing the math- updated with new starting numbers
200,000,000 NAF divided by 40,000 people = 5000 NAF per person.
5000 NAF per person equals about $2850 USD.
In the US our national debt is about $60,000 per person.
That equals about $106,0000 in NAF.
If the SXM debt was at the same rate as here in the US per person then they would be at $4,240,000,000 NAF or about $2,400,000,000 USD.
Spin this what ever way you want and have a great morning. Feel free to correct any math errors, still early here on the West Coast.
Cheers,
Todd
There was no intent to make a comparison between a country of 250+ million people.....1/2 of which pay no taxes, and are taken care of cradle to grave by the government and a
COUNTRYwith a population (~40K) that would be representative in size of a small U.S
CITY. That comparison would be foolish.
A couple a hundred Million $$$$ are generated yearly as a direct result of tourism taxes alone, T/S.....airport, cruise ships. They obviously don't spend diddly on infrastructure,military or entitlements......so tell us where the money goes????
