Spending and Saving

Trillion is the New Billion. Or Is It? (Video)

“When you look at it, it doesn’t seem all that big,” says a snappy new video put out by our friends at Mint.com. “But it’s a huge number.”

One Trillion Dollars Visualized is meant to wow us with examples of what you could buy with that vast sum. Like, with $1 trillion, you could buy a $3 latte every day for the next 900 million years.

Thing is, when you look at it, it really doesn’t seem all that big. A trillion bucks would buy every single stock on the Toronto stock exchange? Well, Toronto only has the 12th largest stock exchange in the world. It’s twice the cost of the New Deal? In 1933, the U.S. population was about 125 million; today it’s estimated at 304 million.

Is it possible $1 trillion isn’t as big as we think it is? Given the cost of the bailout, we sure hope so.

Tags: Spending and Saving, video