Trillions, billions, whatever...
The other day my attention was drawn to a news article about today's economy.
Some IMF guy estimated that a lot of money was needed to get the global economy going again.
I assume the article was translated from American English to Dutch. It mentioned that 1.2 "triljoen" dollars was needed.
I can assure you that that's a lot of money.
Let me explain what million, billion, trillion, etc, and their Dutch translations mean...
|American English||Dutch||Numeric (US notation)|
Now, the total GDP for the entire world is something like 54,584,918,000,000 dollars according to the IMF. Needing another 1.2 "triljoen" seems like a lot, since that is 1,200,000,000,000,000,000 dollars.
Obviously, someone translated "1.2 trillion" to "1.2 triljoen". It should have been translated as "1.2 biljoen". Which is like 2.5% of the world's GDP, which doesn't sound like a lot at all, actually...
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