Trillion
in sentence
2031 examples of Trillion in a sentence
According to some back-of-the-envelope calculations, the wealth of the world’s 50 richest people totals $1.5 trillion, equivalent to 175% of Indonesia’s GDP, or a little more than Japan’s foreign-exchange reserves.
As a result, excess reserves held at the Fed soared, from an average of $200 billion during 2000-2008 to $1.6
trillion
during 2009-2015.
The global cost of containing violence or dealing with its consequences reached a staggering $9.5
trillion
(11% of global GDP) in 2012.
Compare, for example, the almost $10
trillion
spent in 2012 worldwide on violence containment to the global costs of the recent global financial crisis.
Mark Adelson, the former chief credit officer of Standard & Poor’s, estimates that total global losses from the crisis were as high as $15
trillion
in 2007-2011, which is just half the cost of spending on violence during the same period.
Across the four major sectors we considered in detail, we saw high-return business opportunities arising from the strategy, fueling an increase in annual global GDP of at least $12
trillion.
And by 2030, investments in new gas projects across G20 countries are expected to surpass $1.6
trillion.
By the end of last year, the aggregate stock of central-bank money in the euro area was €1.07
trillion
euros, and €380 billion euros was already absorbed by ECB credit to the GIPS.
Indeed, the World Economic Forum estimates that the four major PLCs cost the global economy $3.75
trillion
in 2010, well over half of which was spent on medical care.
By the end of this year, China’s exports will be 24% higher than in 2006, at $1.2 trillion, and its trade surplus will have grown by 43%.
And, as the owner of over $1.25
trillion
in Treasuries and other dollar-based assets, China has played a vital role in funding America’s chronic budget deficits – in effect, lending much of its surplus saving to a US that has been woefully derelict in saving enough to support its own economy.
By 2050, the combined GDP of the largest 11 African economies should reach more than $13 trillion, surpassing Brazil and Russia (but not China or India).
Twenty-three bourses are currently operating in Africa, and their combined market capitalization has soared from $245 billion in 2002 to $1
trillion
(2% of the world total) at the end of 2009 – as high as the fifteenth-largest stock exchange in the world.
Instead of a world deadlocked over currencies and trade and retreating into the illusory shelter of protectionism, we could see $3
trillion
of growth converted into 25 million to 30 million new jobs, and 40 million or more people freed from poverty.
The US government is now insuring, lending or spending over $10
trillion
from guaranteeing money market funds to the AIG bailout to the Fed’s swap lines supporting foreign central banks.
Japan’s annual 15-20
trillion
yen infrastructure-intensive stimulus didn’t prevent its lost decade.
And, of course, China’s outsize backstop of $3.8
trillion
in foreign-exchange reserves provides ample insurance in the event of intensified financial contagion.
Add to that China’s other strengths – annual GDP of over $10 trillion, a growth rate at least four percentage points higher than the global average, $3
trillion
in foreign-exchange reserves, a savings rate of 40% of GDP, and a massive trade surplus – and an exchange-rate crisis seems highly unlikely.
Although the Saudi Stock Exchange, Tadawul, is by far the largest in the Middle East, it is neither large nor open enough to handle the listing of Saudi Aramco, valued by the authorities at $2
trillion.
Since the beginning of the century, more than a million people have died in storms like Hagupit and other major disasters, such as the 2010 Haitian earthquake, with economic damage totaling nearly $2
trillion.
The IPCC estimates that the costs of triggering a renewable revolution could range from $3
trillion
to more than $12
trillion
between now and 2030.
He would increase military and public-sector spending in areas such as infrastructure, and his tax cuts for the rich would reduce government revenue by $9
trillion
over a decade.
If he follows the Congressional Republicans’ proposed tax plan, for example, revenue would be reduced only by $2
trillion
over a decade.
The EU undoubtedly has the capacity to raise at least €30 billion a year, which is less than 0.25% of its 28 members’ combined GDP of more than €16 trillion, and less than 0.5% of total spending by its national governments.
True, it could start to sell off some of its $1
trillion
in US dollar reserves.
The four major central banks – the Fed, the European Central Bank, the Bank of Japan, and the Bank of England – have accumulated roughly $5
trillion
of additional assets in the last five years, bringing their total to $9.5
trillion.
According to the International Monetary Fund’s April 2012 fiscal monitor report, the seigniorage levied by developed-country governments surged from about 1% of GDP in 2005-2007 to roughly 8% of GDP in 2008-2011, an increase of about $2.7
trillion.
Since 2012, additional rounds of QE have generated an additional $1
trillion
in base money.
In other words, in the last five years, developed-country central banks’ ever-expanding QE operations have enabled their governments to collect $3.7
trillion
in seigniorage.
In fact, QE has driven developing countries to expand their foreign-exchange reserves by roughly $2.8
trillion
since 2008, as the added liquidity that the policy has generated has moved to developing countries through trade and capital flows.
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