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Trillion in sentence

2031 examples of Trillion in a sentence

The current value of sub-Saharan Africa’s mineral reserves is conservatively put at $1.2 trillion.
The ECB’s stated goal is to reflate the eurozone, thereby reducing the euro’s external value, by purchasing more than €1.1 trillion worth of assets.
As markets normalize, surely investors will look around and realize that the US has vastly increased its debt in fighting the downturn, possibly by several trillion dollars.
By June of 2011, the volume of reserves stood at $1.6 trillion, and has since remained at that level.
Over the next 15 years, the world will need to invest some $90 trillion in infrastructure improvements.
The mere possibility of Italy leaving the eurozone – which would entail the redenomination of €2.2 trillion of Italian government bonds in devalued lira – could spark financial panic.
To meet these and the other challenges confronting the developing world, infrastructure spending will have to rise from around $800 billion to at least $2 trillion annually in the coming decades.
The centerpiece of his domestic agenda is a health-care plan that will cost more than a trillion dollars over the next decade, and that he proposes to finance by reducing waste in the existing government health programs (Medicare and Medicaid) without reducing the quantity and quality of services.
We were told by those on the new president’s political team to generate as much validation as possible for a large stimulus because big numbers approaching $1 trillion would generate “sticker shock” in the political system.
For example, in 2009, China’s retirement-system assets – national social security, local government retirement benefit plans, and private sector pensions – totaled just RMB2.4 trillion ($364 billion).
While the volume of new issues in 2006 was $1.9 trillion, the likely volume in 2009 will be just $50 billion, according to the most recent IMF estimates.
But gigantic Keynesian recovery packages worth more than $1.4 trillion worldwide, together with bank rescue packages worth about $8 trillion, have had their effect.
Under existing law, the federal government must borrow $800 billion this year, and that amount will double, to $1.6 trillion, in 2028.
As a result of these annual deficits, the federal government’s debt will rise from $16 trillion now to $28 trillion in 2028.
Because foreign investors hold the majority of US government debt, this projection implies that they will absorb more than $6 trillion in US bonds during the next ten years.
As it stands, however, less than 1% of the $68 trillion managed by pension funds, life insurance companies, and others are channeled toward infrastructure projects.
For example, the Lancet study estimated that the failure to improve surgical care in developing countries would translate into $12.3 trillion of lost economic output by 2030.
And by 2030, Africa will be home to 1.7 billion people, whose combined consumer and business spending will total $6.7 trillion.
By 2030, household consumption is expected to reach $2.5 trillion, up from $1.1 trillion in 2015.
Nearly half of that $2.5 trillion will be spent in three countries: Nigeria (20%), Egypt (17%), and South Africa (11%).
Another major growth area between now and 2030 will be in African business-to-business spending, which will reach $4.2 trillion, up from $1.6 trillion in 2015.
With $2 trillion in excess reserves, and the prospect of as much as $85 billion added each month, banks receive $5 billion a year, and rising, without taking any risk.
Selling $2 trillion of reserves will take years.
With an estimated $31.1 trillion of funds under management at the end of 2014, insurance companies represent almost a third of all institutional assets in the global economy.
At the same time, Africa would become almost $7 trillion richer.
And power would reach 230 million extra people, generating benefits worth $1.2 trillion.
The total benefits, at $8.4 trillion, would be almost 50 times higher.
Trump has also promised an $800 billion-$1 trillion program of infrastructure investment, to be financed by bonds, as well as a massive corporate-tax cut, both aimed at creating 25 million new jobs and boosting growth.
Cumulative figures for the last 30 years vary from $200-300 trillion.
If bank assets amount to over 300% of GDP – more than $30 trillion – so, too, must the combination of bank deposits, bank bonds, wealth-management products, or other bank liabilities held as assets by companies or individuals.
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