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To: Goose94 who wrote (18068)5/4/2016 8:39:13 PM
From: Goose94Read Replies (1) | Respond to of 205438
 
Trillion: Can You Put Trillion in Context?

Existing and prospective government debt put "a trillion" in context. "a million" house worth at least that. "a billion" was "one thousand millions". "a trillion" was "one thousand billions". "a trillion" was a humongous number.

To put "a trillion" in context. If that is the case, the comparisons set out in this article may help many others to better understand "a trillion".

In our current environment it has to be important to understand what "a trillion" means. Otherwise, how does one make sense of what they are hearing, reading or seeing.

Some "trillion" comparisons that may put things in context

Here are some comparisons that may help you put "a trillion" in context.

1) Pay $10 for a meal at a fast food restaurant. Then buy 100,000 million more identical meals.

2) At today's average U.S. house price $1 trillion would buy about 5 million "average priced" U.S. houses.

3) The average U.S. new car/truck price in April 2016 was $33,500. With $1 trillion you could have bought about 30 million "averaged priced" new cars and trucks in the U.S. last month.

4) Travel a trillion miles, and take a return trip to our moon over 2 million times.

5) To travel a trillion miles you would have to circumnavigate our planet about 40 million times.

6) The current U.S. population is about 320 million. 320 million is about 3/100ths of 1% of a trillion.

Check my calculations, then create other numeric comparisons

To really get a feel for how big a trillion is check my calculations. Then develop some further numeric comparisons that interest you. You may further surprise yourself with the results.

Think about those comparisons. Then the next time you hear the word "trillion" used in relation to government debt, the financial markets or the latest corporate takeover price take a step back. Then think again about the foregoing comparators. Finally, think again about the economic, business and financial markets content you are hearing, reading or seeing and the humongous numbers that are being bandied about without context.



If you think it will help others, please pass this article along to them


I think it is important that people understand just how big a trillion is. If you agree, please pass this article along to anyone you think might like to better understand "a trillion".