iOS app Android app

Trillion

Platinum Coins Can Save the American Economy

Fred Lundgren | Posted 01.11.2013 | Politics
Fred Lundgren

Unless we choose a course that makes drastic changes to monetary and fiscal policies, each successive generation of Americans will work away their lives in quiet frustration in a system that guarantees repeated recessions, depressions, inflation and perpetual poverty.

It's Finally Over -- and It Was Wrong

Jim Wallis | Posted 12.27.2011 | World
Jim Wallis

The initial feelings that rushed over me after hearing the announcement that we're pulling out of Iraq were of deep relief. But then they turned to deep sadness over the terrible cost of a war that was always wrong: intellectually, politically, strategically and, above all, morally.

FAQs on the Standard & Poor's Downgrade of the U.S. Credit Rating

Natalie Pace | Posted 10.07.2011 | Business
Natalie Pace

If Congress gets smart, goes back into negotiations immediately and comes up with a credible plan to implement budget savings of more than $4 trillion over the next 10 years, the world will have renewed faith in the its largest economy.

Boeing: Jet Sales Will Reach $4 Trillion Soon Enough

Posted 08.16.2011 | Business

PARIS - Passenger jet sales will reach $4 trillion over the next 20 years, Boeing predicted on Thursday as it hiked demand forecasts on the eve of...

Asia's Wealthy Surpass Europe's For First Time: North American Rich Still On Top

AP | Posted 05.25.2011 | Business

SINGAPORE — The wealth of rich Asians has surpassed Europe's millionaires for the first time as the region's stock and property prices rebounded...

Don't Tell Obama What Comes After "Trillion"

Michael Shermer | Posted 05.25.2011 | Business
Michael Shermer

Fortunately the federal government is nowhere near budgeting a quadrillion dollars, but $3.8 trillion is no chump change. Just how much is a trillion dollars? Here are some comparisons.

Cut the Deficit -- Cut Military Spending

Jim Wallis | Posted 05.25.2011 | Politics
Jim Wallis

To reduce a $1.6 trillion shortfall in the 2011 budget, we should cut the contracts of private defense contractors who serve their own profits.

Give or Take a Trillion

Jim Selman | Posted 05.25.2011 | Business
Jim Selman

It seems to me that when we enter the realm of staggering numbers that are beyond comprehension such as these, money stops meaning anything.

Counting the Cost of Good and Bad Debt

Jim Wallis | Posted 05.25.2011 | Politics
Jim Wallis

While watching President Obama's press conference Tuesday evening, I was struck by a few things that are often forgotten in the criticism of his proposed budget.

What Is A CDS, Or Credit Default Swap?

CNN | Nicholas Varchaver and Katie Benner | Posted 05.25.2011 | Business

If Hieronymus Bosch were alive today to paint a triptych called "The Garden of Mortgage Delights," we'd recognize most of the characters in the baccha...

Declaring War on the Meltdown

Alan Fein | Posted 05.25.2011 | Business
Alan Fein

A wise Democrat I know argues that a 21st Century WPA-type program is not only good policy; it's also good politics: "Bailing out financial markets is playing defense. I want to play offense."