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Tuesday, 02 December 2008

Russell Crowe explains his financial solution

1/10/2008 12:10:00 PM.  | Jesse Perez

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In the midst of a crumbling global economy, what better person to look to than windswept and gregarious financial expert Russell Crowe, who last night gave his solution to the financial crisis.

Crowe thinks the best solution would be to give everyone in the $US1 million each – in the hope that this money then gets reinvested back into the economy via increased consumer spending.

The Gladiator had argued that the amount this would cost - $300 million, according to his calculations – was way under the $700 billion bailout package currently advocated.

What Crowe failed to realize however, is that if you hand out $1 million to every US citizen - 300 million people - it will cost you $300 trillion – way off the relatively modest $700 billion proposed by US congress.

We thought we would get Russ on the line to explain what the heck he is talking about.

COMMENTS

Wednesday, 01 October 2008

I thought Crowe wanted to ban the pokies? Backflip much?

Posted by: Alan Truong, Bankstown

 

Wednesday, 01 October 2008

I know. He seemed out of character. Like... he wasn't himself?

Posted by: Jesse Perez, Pyrmont

Wednesday, 01 October 2008

yes it seemed very out of character indeed.

Posted by: alan truong, bankstown

 

Wednesday, 01 October 2008

maths wasnt his strong suit. maybe he should stick to his day job. he can give me a million though, i will invest it wisely :o)

Posted by: Belinda Hummie, New lambton

 

Wednesday, 01 October 2008

Rusty is such a d*ck ... and is very good at being one! He's only got to open that fat mouth and out comes the garbage!

Posted by: Traci Fawcett, Melbourne

 

Wednesday, 01 October 2008

Russel was right. (If he meant that 300 BILLION was far less than 700 billion, which it is) In Australia and UK and Germany, one million times one million is one billion. In the US however one million times one million is one trillion.

Posted by: Marco n/a, Sydney

Friday, 03 October 2008

Yes Marco, In Australia 1 million x 1 thousand is 1 billion

Posted by: Gabby Smithard, Greystanes

 

Thursday, 02 October 2008

Marco, in Australia we follow the short scale system which views a trillion as a million million. The US follows this too. http://en.wikipedia.org/wiki/Long_and_short_scales#Short_scale_countries_.2F_regions

Posted by: Jesse Perez, Pyrmont

 

Friday, 03 October 2008

heres something simple for you stupid aussies. a thousand thousands is a million. a thousand millions is a billion. a thousand billions is a trillion. think you can remember that - what a dumb country.

Posted by: stephen pearl, omaha

Friday, 03 October 2008

At least we don't totaly screw up our economy like you morons have.

Posted by: A Narchy, The Hills

Friday, 03 October 2008

Hey Stephen, have you ever stepped outside your own house?? I have been to the US multiple times and i assure you i have laughed at the ignorance and stupidity of many of your countrymen. Go to LA airport, they have to be the lowest paid workers in the world, they are all morons. So shut up and keep your unwanted comments out of here. Its because of people like you that Aussies despise yanks.

Posted by: Happy Camper, Glenwood

Friday, 03 October 2008

Real dumb country, one with one of the best economies in the world right now...how is yours doing ? We all know who is looking REAL dumb right now , and it aint Australia. How is yours doing Stephen ? You ever heard about living in glass houses. Lol, what a hypocrit.

Posted by: susan lawe, gipplsnad

Friday, 03 October 2008

we could buy all your asses - but will probably get your heads delivered instead...hahahaha thats funny, do you understand that? or are you as stupid as that joker guy

Posted by: stephen p, omaha

Friday, 03 October 2008

Stephen, what a tuff bloke you are, throwing miseducated insults over the internet. The only good thing to come out of Omaha is Warren Buffett. As for implying that we are as stupid as that Joker guy, mate me may be smaller than you however we respect the dead and our contry people so how about you return to the trailor that you live in piss off.

Posted by: D McK, Gold Coast

 

Friday, 03 October 2008

People it is important to know in times that these that Russell is from New Zealand. We can claim him when we like and disown him just as quick. Stephen if you call NZ a stupid country we won't mind, their economy is up the s****r just like yours.

Posted by: D McK, Gold Coast

Friday, 03 October 2008

D McK.. I forgot , lol...he is a Kiwi....Oh well , then he and Stephen have something in common, their economies are both stuffed....bright sparks are a dime a doz on the net, Stephen is a prime example. How are your finances doin Stephen ?

Posted by: susan lawe, gippsland

 

Friday, 03 October 2008

Russell (The Gladiator) Crowe would make a great politician, but don't let him near the treasury. Go the Storms.

Posted by: John Newman, Sydney

 

Friday, 03 October 2008

"People it is important to know in times that these that Russell is from New Zealand"D McK, Gold Coast -OMG,how stupid, he cant even put a sentence together. stay off the dope & go back to school.man those convict genes have lasted right up until now-that sentence is a crimnal offence Dick McK.

Posted by: Stephen P, omaha

 

Friday, 03 October 2008

Ithink Russell is right. Not correct in his maths but right that rather then bailing out banks the money would be better given to people. Problem is they would go and spend it on cheep foreign imports and we'd be back to square one. Well back to my calculator. Maybe it needs new batteries.

Posted by: Happy Stein, Earlwood

 

Friday, 03 October 2008

http://www.colbertnation.com/the-colbert-report-videos/186473/september-30-2008/partisanship-kills-the-bailout -stephen, shove that into ya

Posted by: dead zemanak, redfern

 
 

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