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Showing posts with the label Investor's Circle

T-t-t-t-TRILLION! updated

The First Trillionaire It's gotta happen. One of these days somebody - probably a Bahrainian you never heard of - will become the world's first trillionaire ( Wired Magazine says it will be Bill Gates). Imagine if whoever it is has Bill and Melinda Gates's charitable sensibilities! Let's see, a trillion is a thousand billions. A billion is a thousand millions. A million is a thousand thousands. So a trillion is a thousand thousand thousand thousands. That's a lot. It looks like we will spend even more than that on W's war. (I've been interested in how little Americans seem to realize how much a mere $billion is. Even our newscasters seem to phumpher around with the difference between a bil and a mil.) The best commentary I've seen on wasted trillions is in today's Christian Science Monitor (one of my favorite newspapers). Commentator Woody Tasch makes the fine suggestion "If Iraq is worth $1 trillion, let's allot just as much to ben