Friday, June 02, 2006

Money, revisited

Somebody on Usenet (yeah, I know, the world's most reliable source) mentioned that the Porvoo church damages are about 10 million euro. I decided to count, just for the fun of it, how much it would take the three little arsonists to pay for it.

Assuming that they are making 2300 euro a month (somewhere around the median salary, and yes, please suspend the disbelief), and are allowed to keep 800 of that for their own living expences, therefore paying, all together, 4500 euro a month: about 185 years. That's if they don't have to pay interest. If they do have to pay some normal mortgage loan interest it would take forever, because 4500 euro a month does not even cover the interest much above 0.5%.

If, on the other hand, the taxpayers get to pay the bill, it will mean that the whole lifetime earnings (assuming a median salary and 40 years of working) of 9 people will pay for those morons' moment of drunk fun. 18 if they pay a 4% interest.

No, I am not suggesting any solutions, I am just awed by the extent of stupidity.

Added later:

Damn, forgot that evildoers pay taxes too, and other taxlike things, so from the brutto salary of 2300 they would probably get 1600 or so, and if they have 800 for a living then they can only pay 2400 a month all together. 347 years, then.

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