Do You Really Know What a Billion Looks Like?
Unless you live under a rock you’ve no doubt heard of the work the U.S. government is doing to stop the bleeding in the financial system. The number most bandied about is seven hundred billion which everyone knows is a large number. But do we really understand how very large that number is? It seems it starts sounding like 200 billion or 800 billion or 500 billion. All those zeros kind of run together in one’s mind. A few weeks back I wrote a piece about having everything and nothing in which I mentioned the odds of winning the lottery. Those odds pretty much approached zero which is a really small number. That’s not hard to conceptualize. You have some money, it gets syphoned off by greedy executives running some company, you have zero dollars....