BBC News - Is trillion the new billion?: "As US politicians were trying to find budget savings of $1.2tn, European leaders were topping up their rescue fund to the tune of 1tn euros.
A combination of economic progress and inflation means larger and larger numbers are needed to define financial sums, and a billion is no longer the benchmark. So how did trillion take over."
An very good example you can try out is the "one door mat." First click the above link, then on appropriate (you'll see it when you scroll down the page). From here you can go from the "a door mat = 1" up to the area a trillion would cover in the UK. For you Yanks: the state of NY is around the size of England, so you'll have a visual picture of your own $14.8 trillion debt...and counting!
(Photo: BBC).
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| Here's the zeros...but check out how 'every picture tells a story'. |
An very good example you can try out is the "one door mat." First click the above link, then on appropriate (you'll see it when you scroll down the page). From here you can go from the "a door mat = 1" up to the area a trillion would cover in the UK. For you Yanks: the state of NY is around the size of England, so you'll have a visual picture of your own $14.8 trillion debt...and counting!
(Photo: BBC).
