Fun facts about money and loans

FUN FACTS ABOUT MONEY AND LOANS 44.7 MILLION MORE THAN 44.7 MILLION STUDENTS IN THE US ARE HOLDING STUDENT DEBT. IT'S 25 MILLION ON THE SAME LEVEL AS A POPULATION OF TOP 40 COUNTIES AND MORE THAN THE POPULATION OF AUSTRALIA/OCEANIA COMBINED WALL STREET IS REALLY WALL St NAMED AFTER A WALL. IT WAS A WOODEN BARRIER BUILT IN 1653 TO PROTECT THE DUTCH COLONISTS WHO THEN RULED MANHATTAN FROM THE BRITISH AND NATIVE AMERICANS THE DOW JONES INDUSTRIAL AVERAGE IS NAMED AFTER REAL PEOPLE. CHARLES HENRY DOW AND EDWARD JONES MET WHILE THEY BOTH WORKED FOR NEWSPAPERS IN PROVIDENCE, R.I. DOW LEFT TO TAKE A JOB AS A REPORTER A FINANCIAL NEWS BUREAU ON WALL STREET, AND THE BUREAU HIRED JONES ON DOw'S RECOMMENDATION. IN NOVEMBER 1882, THEY STARTED THEIR OWN FINANCIAL REPORTING FIRM (DOW, JONES & Co.) IN THE BASEMENT OF A CANDY STORE, PUBLISHING A TWO-PAGE SUMMARY OF THE DAY'S FINANCIAL NEWS CALLED THE "CUSTOMERS' AFTERNOON LETTER." THE WORD "TAX" IS DERIVED FROM THE LATIN WORD "TAXO," WHICH ITSELF EVOLVED INTO ANOTHER WORD: "TAXA," MEANING "CHARGE." TAXA, MEANWHILE, IS ALSO THE ROOT OF THE WORD "TAXICAB," WHICH DERIVED FROM "TAXIMETER CABS," FARE- CHARGING VEHICLES THAT WERE INTRODUCED IN LONDON IN 1907. PEOPLE SPEND 12-18% MORE WHEN USING CREDIT CARDS THAN WHEN USING CASH, SO TRY TO STICK WITH CASH TO CURB UNNECESSARY SPENDING. THE BUREAU OF ENGRAVING AND PRINTING USES ink 9.7 TONS OF INK EACH DAY. 94% OF BILLS ARE CONTAMINATED $4 WITH BACTERIA. ALMOST 10% OF ALL LOANS ARE TAKEN TO BUY STUFF LIKE EXOTIC PETS, SUPERCARS, OR JEWELRY US NATIONAL DEBT IS ALMOST 14 billion TWICE AS BIG AS 27 Billion ITS CONSUMER DEBT PROPERTY OF DIRECTLOANTRANSFER