Trillion is the new billion…
A guest post from Scenarios and Strategy…
From the celebrated visualizers at Wallstats (see here, e.g.), via Mint, some help in understanding just what a trillion dollars actually is…
… and as they point out, “the amazing thing is that $1 Trillion is only one tenth of the current bailout.” (As referenced earlier here, see the extraordinary Harper’s piece, “The $10 Trillion Hangover”, for an interim total from Nobel Laureate Joesph Stiglitz and Harvard professor Linda Bilmes– $10.35 Trillion and counting…)
As we pine for more fingers and toes, we might recall that it was on this date in 1965 that (the all too resonantly-titled) Help!, Richard Lester’s follow-up to A Hard Day’s Night, debuted in London. The Beatles were, of course, in attendance; so, as it happens, was the Queen.
