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Trillion in sentence

2031 examples of Trillion in a sentence

Collectively, the N-11 comprises some 1.5 billion people, and its current nominal GDP is around $6.5 trillion.
Still, each faces serious obstacles to becoming a $1 trillion economy, never mind accounting for 2-3% of world GDP.
The estimated worldwide market for such vehicles is in the range of $1 trillion, and their use would erode the scheduled domestic airline customer base by enabling 300 kilometer “commutes” and providing huge cost avoidance for roads and bridges.
In other words, the self-insurance motive might explain China’s first trillion dollars of reserve holdings, but it has nothing to do with the subsequent three trillion.
But as the IT industry developed, monopoly wealth rose dramatically; it reached 82% of total stock-market value – equivalent to some $23.8 trillion – in December 2015.
The difference in subsidy spending between the two worlds is more than $2.5 trillion.
Indeed, when Linda Bilmes and I calculated America’s war costs three years ago, the conservative tally was $3-5 trillion.
Direct government spending on those wars so far amounts to roughly $2 trillion – $17,000 for every US household – with bills yet to be received increasing this amount by more than 50%.
In emerging and developing economies, it is estimated that an additional $1-1.5 trillion in annual investment will be required through 2020 to meet growth targets.
Under the ECB’s QE program, which started in March 2015 (and will likely be extended beyond its scheduled end in March 2017), eurozone members’ central banks buy private market securities for €1.74 trillion ($1.84 trillion), with more than €1.4 trillion to be used to purchase their own countries’ government debt.
At that time, the PBOC’s frenetic interventions drained some $1 trillion from China’s foreign-exchange reserves in less than two years.
Indeed, the World Economic Forum is predicting $21.3 trillion in losses from these diseases in developing countries by 2030.
In the United States, those who argue for another stimulus package observe that it was always wishful thinking to believe that a $787 billion package could offset a $3 trillion fall in private spending.
China is worried that its more than $1 trillion investment in US Treasury securities will not hold its value.
With US credit to non-bank borrowers in developing countries having more than doubled since the 2008 global financial crisis – reaching $3.7 trillion at the end of 2017 – Cuba’s experience should serve as a warning.
From 2008 to 2017, the combined asset holdings of central banks in the major advanced economies (the United States, the eurozone, and Japan) expanded by $8.3 trillion, according to the Bank for International Settlements.
With nominal GDP in these same economies increasing by just $2.1 trillion over the same period, the remaining $6.2 trillion of excess liquidity has distorted asset prices around the world.
In all, the actual cost to the economy would be a phenomenal €28 trillion a year.
The Business and Sustainable Development Commission has estimated that meeting the SDGs could add some $12 trillion and 380 million jobs to the global economy by the end of the next decade.
For example, environmental, social, and governance assets under management are estimated to be as high as $22 trillion dollars; $82 trillion is committed to the UN Principles for Responsible Investment; $32 trillion is pegged to carbon pricing; and even the market for “green bonds” is growing exponentially.
The Carry Trade Carries OnLONDON – The Bank for International Settlements recently reported that $4 trillion a day is traded in global foreign-exchange (FX) markets, up from $3.3 trillion in 2007.
With such leaky capital controls, China’s war chest of $3 trillion won’t be enough to hold down the fort indefinitely.
As recently as 2000, China owned only about $60 billion in US Treasuries, or roughly 2% of the outstanding US debt of $3.3 trillion held by the public.
US debt exploded to nearly $12 trillion ($16.7 trillion if intragovernmental holdings are included).
And China’s share of America’s publicly-held debt overhang increased more than five-fold, to nearly 11% ($1.3 trillion) by July 2013.
Along with roughly $700 billion in Chinese holdings of US agency debt (Fannie Mae and Freddie Mac), China’s total $2 trillion exposure to US government and quasi-government securities is massive by any standard.
As a surplus saver, China has run large current-account surpluses since 1994, accumulating a massive portfolio of foreign-exchange reserves that now stands at almost $3.7 trillion.
Headlines about the launch were truly alarming: Over the next 18 years, global warming would kill 100 million people and cost the economy upwards of $6.7 trillion annually.
It would generate benefits – from preventing the entire temperature increase – worth about $20 trillion.
To put this in context, the Paris climate agreement’s promises will cost more than $1 trillion annually and deliver carbon cuts worth much less – most likely every dollar spent will prevent climate damage worth a couple of cents.
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