Subject Re: [ib-support] Extract & SP
Author Robert F. Tulloch
Helen Borrie wrote:
>
> At 10:09 PM 21-11-01 -0500, you wrote:
> > > (just like when someone is talkin' of billions. What's a billion? In
> > > Germany it's 10^12 in America it's 10^9...)
> >
> > What are you talking about 10^12 is 1,000 billion?
>
> Only in the USA. Out here in the globe, it is a million millions or 10^12. That's why most of the billionaires in the world live in the USA. :))

10 ^ 3 = 1,000 Thousand

10 ^ 6 = 1,000,000 Million

10 ^ 9 = 1,000,000,000 Thousand million = 1 billion

10 ^ 12 = 1,000,000,000,000 Million million = 1,000 billion.

So if as you say in "the rest of the world" one million million is a
billion, what is a million
and 1,000 million?

That is not "why" most of the billionaires live in the US.