In the era of bailouts, what is the meaning of a billion…?

February 18, 2009

“While that doesn’t sound like a lot of money compared to recent spending bills, a billion seconds ago put us square in 1958, a billion minutes ago Jesus was alive, a billion hours ago our ancestors lived in the Stone Age and a billion dollars ago in Washington at current spending levels was just 8 hours 20 minutes ago.”

From an article on growing mortgage relief at seekingalpha.com.

2 Responses to “In the era of bailouts, what is the meaning of a billion…?”

  1. joedeville Says:

    This reminds me of a mathematician I once went to see speak. ‘One of the problems with humans’, he said (I paraphrase), ‘is that we’re just not very good at dealing with large numbers’. In light of the billions that are being tossed around at the moment, I guess we’re just going to have to get better…

  2. Manuel Aalbers Says:

    hence the invention of trillions!


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: