Monday, October 19, 2009

How much is One Trillion Dollars ?

http://www.mint.com - It's official, trillion is the new billion. No longer is government spending talked about in terms of a mere ten digits. With the recent flurry of government spending, we are going to need another three zeros to make sense of it all. One trillion dollars is a number that few people can comprehend, let alone your standard nine digit calculator. So what does one trillion dollars look like?


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one trillion dollars mint.com economic downturn financial crisis bailout

California hit by recession - 19 Oct 09

The US state of California has been badly hit by the global recession.

The area worst affected is Imperial County in the southeastern corner of the state.

It has the highest unemployment rate in the nation - more than 30 per cent of the work force.

Agriculture, the sector once sustaining the economy, has seen sales of its main crop lettuce plummet.

Al Jazeera's Mike Kirsch reports.

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mike kirsch al jazeera california united states recession financial crisis economy imperial county