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Everyone would starve to death.
Nobody would plant and harvest potatoes. Why? Because they are millionaires, why should they?

You can't eat money.

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SolitaryMan 1 year ago

I remember reading something on those lines....if the government gave everyone over 60, one millions pounds with the stipulation that each one must buy a house,car,furniture,white goods and have a holiday.....the building trade would be busy, car companies would sell millions of new cars and all of industry would be unendated with business, ain't life grand...

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JD 1 year ago

In response to “I remember reading something on those...

But where would the government get the money for that program?

The taxpayers might not like it. (biggrin)

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Thinkerbell 4 months ago

In response to “But where would the government get the money...

They have billions available, they would soon get most back...

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JD 4 months ago

In response to “They have billions available, they would soon...

If they only have billions available, that means they could only give a million each to thousands of people aged 60+.

Surely there are more seniors than that..? (biggrin)

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Thinkerbell 4 months ago

In response to “If they only have billions available, that...

I said billionS not a billion, keep up tink

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JD 4 months ago

In response to “I said billionS not a billion, keep up tink

And I said thousandS, not a thousand. (biggrin)

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Thinkerbell 4 months ago

In response to “And I said thousandS, not a thousand. (biggrin)

When...hehe

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JD 4 months ago

In response to “http://www.amirite.com/792450-billionaires-what...

The thousands you mentioned, were people not money you Wally (maniac)

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JD 4 months ago

In response to “The thousands you mentioned, were people not...

Yes, of course, thousands of people. You suggested giving 1 million pounds to each person over 60.

(thousands of people) x (1 million pounds each) = billions of pounds = what you said the government has available

http://www.amirite.com/792450-b...bitant/2627778

Unfortunately, there are 15.3 million people over 60 years old in the UK.

(15.3 million people) x (1 million pounds each) = 15.3 trillion pounds, which is about 20 times the ENTIRE annual UK government spending.

https://en.wikipedia.org/wiki/G...United_Kingdom

Conclusion: the million pound scheme is utter nonsense.

Elementary, my dear Watson. (biggrin)

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Thinkerbell 4 months ago

In response to “Yes, of course, thousands of people. You...

This was hypothetical ...you must live in fairyland....hehe

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JD 4 months ago

In response to “This was hypothetical ...you must live in...

Fairies can do math much better than you can. (biggrin)
https://www.youtube.com/watch?v=gT6cf2Z1D2s

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Thinkerbell 4 months ago

The value of money would go WAY down. Maybe they could just help the deserving of the needy out.

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JerryHendrickson 1 year ago

Everyone would stop watching 'Who wants to be a Millionaire'

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Quatzolect 1 year ago

We'd have far fewer billionaires. And the ones recieving the 1 million dollars would soon be poor again or dead from drug over dose's

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Brianl 1 year ago

They couldn't.

Since the total net worth of all the world's billionaires combined amounts to about $7.67 trillion, they would be able to give $1 million to each of about 7.67 million people, or about enough to make every person in Hong Kong a millionaire.

https://en.wikipedia.org/wiki/T...s_Billionaires

Or, if they divided the billionaires' wealth equally among the entire world's 7.5 billion people, that would be a little over $1,000 for each.

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Thinkerbell 4 months ago

Anonymous