Wednesday, June 17, 2009

Millions and Billions

We hear a lot now about billions not millions. It is hard to grasp the relative size of these two amounts. A letter in the Irish Times is helpful.
"...one method of grasping the increase from a million to a billion: a million seconds is under 12 days, while a billion seconds is over 31 years."

And we in Ireland are pouring mega billions of euros into the banks. Privatise profits and socialise losses

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