Saturday, May 12

5.76650391 × 10^131

I was trying to figure out what one billion dollars looks like, pictured, or half the amount JP Morgan lost last quarter on a portfolio hedge (JP Morgan argued forcefully, and received,  a 'loop-hole' in the Volcker Rule to allow portfolio hedging which, Senator Carl Levin who co-wrote the Volcker Rule notes, “was a license to do pretty much anything”).

But let us keep going .. here is one trillion dollars (in zeros, the Brits say 1000000000000000000 while the Yankees, 1000000000000. The difference? The British count a billion as a million million; the Americans count a billion as 1000 million) and how it looks graphically :



And the debt owed by US govt at December , 2011, you ask? That is $15T :




Graphics from kpleptocracy.us