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Trillion in sentence

2031 examples of Trillion in a sentence

As a point of reference, $700 billion provided to a new bank, leveraged 10 to 1, could have financed $7 trillion of new loans.
China’s Dollar ProblemCAMBRIDGE – When will China finally realize that it cannot accumulate dollars forever?It already has more than $2 trillion.
Do the Chinese really want to be sitting on $4 trillion in another five to 10 years?
With the US government currently tapping financial markets for a whopping 12% of national income (roughly $1.5 trillion), foreign borrowing would be off the scale but for a sudden surge in US consumer and corporate savings.
China does not want to be left holding a $4 trillion bag when it happens.
Although the EU’s population is only one-fifth the size of that of China and India combined, and its military presence in Asia is minimal, its €12.6 trillion ($16.8
trillion) economy is the world’s largest.
In 2011, China contributed $1.3 trillion in additional GDP to the world, the equivalent of creating another Greece every 12.5 weeks, or close to another Spain every year.
Together, the four BRIC countries (Brazil, Russia, India, and China) contributed around $2.2 trillion in 2012, equivalent to another Italy every year.
The eight growth market economies – the BRICs plus South Korea, Indonesia, Mexico, and Turkey – created close to $3 trillion in 2011, more than the United Kingdom in one year.
These economies’ combined size is now approximately that of the US economy, with total annual output reaching $15-16 trillion, or roughly 25% of global GDP.
If the “Growth Eight” economies expanded by 10% on average in US dollar terms, they would add $1.5 trillion to global GDP next year.
For the decade that began in 2011, we at Goldman Sachs Asset Management have assumed that China, which accounts for about half of total Growth Eight output (probably $8.3 trillion by the end of 2012), will grow at a 7-8% annual rate in real terms, with inflation around 3%.
This has generated apprehension about property markets, and fear that local governments could default on part of their staggering debt of $1.65 trillion.
And the price tag – in terms of lost output – will be high, perhaps more than $1.5 trillion in the United States alone.
They often forget that Japan’s $5 trillion economy is the second largest in the world – more than China and India combined – with a per capita income that is ten times that of China.
From 2000 to 2014, global GDP more than doubled, from $31.8 trillion to over $75 trillion.
Over the same period, China’s nominal GDP soared from $1.2 trillion to more than $10 trillion – growing at more than four times the global rate.
Today, they have nearly caught up, with a combined GDP of more than $16 trillion, just short of America’s $17.4 trillion.
India’s Demonetization DisasterNE W DELHI – On November 8, Indian Prime Minister Narendra Modi announced that, at the stroke of midnight, some 14 trillion rupees worth of 500- and 1,000-rupee notes – 86% of all the currency in circulation – would no longer be legal tender.
Assuming that the average wedding costs roughly 300,000 rupees ($5,700), Indians spend about Rs3 trillion on weddings each year – roughly one-third of which is allotted to the meal.
The stock market’s performance is legendary, with capital gains totaling 7 trillion dollars since the start of 1996.
This matters because, as the great economist Arthur Okun argued, reducing unemployment by two percentage points would increase output by 2%-6%, or $0.5-1.5 trillion dollars in the case of America.
Foreign investors now hold more than $5.7 trillion of these low-yielding securities, not to mention large quantities of other dollar assets.
In fact, about $4.5 trillion of US federal debt is held by domestic investors, including retirees, pension funds, financial institutions, and insurance companies – groups whose considerable political clout ensures that no administration would risk allowing inflation to spin out of control.
MGI estimates that if digital finance is widely adopted, it could add $3.7 trillion to emerging countries’ GDP by 2025.
With digital finance, as many as 1.6 billion unbanked people – more than half of whom are women – could gain access to financial services, shifting about $4.2 trillion in cash and savings currently held in informal vehicles into the formal financial system.
This would allow for an additional $2.1 trillion to be extended as credit to individuals and small businesses.
Bernie Sanders, a political independent running as a Democrat, is proposing a $15.3 trillion tax increase over the next decade.
But Trump’s proposed change runs in exactly the opposite direction, seeking to reduce total revenues over the next decade by $9.5 trillion (Cruz’s plan targeted an $8.6 trillion reduction and called for a flat income tax set at a rate of 10%).
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