It's called the trillion dollar stimulus package.

A billion dollars used to be a lot of money now one trillion is the new normal or to paraphrase the novel and film The Devil Wears Prada a trillion is the new ten billion!

Except we've been so busy giving away a trillion here, a trillion there, that we've brought that date of reckoning forward to about 2017.

These inflows are expected to top US 1 trillion in the not so distant future.

Indeed, adding up all these losses in financial markets, the sum will hit a staggering 1 trillion.

There are a trillion hours a year up for grabs.

China is worried that its more than 1 trillion investment in US Treasury securities will not hold its value.

Given Japan s aging population, there is a natural increase in the social security budget of 1 trillion per year.

None of them is worth even a trillion dollars, but, taken together, Litan s conclusion is plausible indeed.

Another billion or so will join by 2030, bringing the world s population to 8.5 billion, according to UN estimates.

Closing that gap could add more than 1 trillion to the government s cost over the next 10 years.

In 1996, the computer scientist Lov Grover discovered a quantum algorithm a way to program a quantum computer that could try out a million possibilities in only a thousand times the time needed to try one, and a trillion possibilities in only a million times the time of one, and so on, without limit.

To compare, Sweden's GDP is 579.7 billion dollars, Germany's is 3.73 trillion dollars, and UK's 2.68 trillion dollars.

Total financial losses including possibly 1 trillion in mortgages and related securitized products could be as high as 1.7 trillion.

There's a myth that you can't do anything in space for less than a trillion dollars and 20 years.

If this pace is maintained, BRIC consumers will be adding another 1 trillion to the global economy by the middle of this decade.

One wants to get his hooks into a further trillion dollars that it can pick away at, while the other wants to become a central construct of the system of international relations.

At a minimum, the ECB will probably need to match the 1 trillion annual US rate of quantitative easing, and front load much of it.

Finally, investors are adding nearly a trillion dollars worth of net dollar securities to their positions every year, thus increasing the risk of continued dollar accumulation.

Last year s 600 billion QE2 and 1 trillion in tax cuts and transfers delivered growth of barely 3 for one quarter.

To the extent that the trillion or more dollars of unfunded war costs contributed to the budget deficit that plagues the US today, Bin Laden was able to damage American hard power.

The new Obama administration is proposing spending plans that would create a record US deficit of more than one trillion dollars and this coming on top of the outgoing Bush administration s record deficit.

Indeed, if we believe the IMF s projections, the world economy s accumulated current account surpluses would increase by almost 1 trillion between 2009 and 2012!

In order to become a genuinely developed and modern country, Graham continues, in the coming decade Russia will need to invest at least one trillion dollars in modernizing its infrastructure.

The faster, the better, so that the billion or so people there who have not yet reached prosperity by world standards can get there within their lifetimes.

According to the IMF, the total loss in terms of balance sheet write offs will be nearly 1 trillion worldwide, of which the lion s share probably will be borne by US financial institutions.

If owners walk away from their homes, credit losses could be 1 trillion or more, wiping out most of the US financial system s capital and leading to a systemic banking crisis.

These changes might seem like bureaucratic minutiae, but the agreement s impact adding 1 trillion to global output and creating 21 million jobs worldwide will be substantial.

According to Oxfam, since 2010, the world's richest have been able to increase their wealth out of all proportion to the slowing global economy, while the wealth of the world's bottom half has decreased by a trillion dollars.

By capping the exchange rate and producing far more than it consumes, China s reserves grew into a Leviathan, hitting the 1 trillion mark in 2005.

Creating additional nature reserves, for example, might sound like a great way to protect more species' natural habitats, but the economic benefits would not cover the nearly 1 trillion in costs.

Instead, as the credit crunch and housing price decline continue, an epic mortgage bailout appears increasingly likely, possibly costing US taxpayers a trillion dollars or more.

The national debt has increased by 50 in eight years, with almost 1 trillion of this increase due to the war an amount likely to more than double within ten years.

After ten years of war, more than a hundred thousand casualties, mostly Iraqis, and an astronomical cost of almost 1 trillion, the US leaves behind an Iraq that is neither more secure nor especially democratic.

The result is a massive budget deficit, which will expand to gargantuan proportions in the coming year (perhaps 1 trillion) under the added weight of recession, bank bailouts, and short term fiscal stimulus measures.

Moreover, the annual interest charged on the extra 1 trillion per year that Americans borrow from the rest of the world is about 50 billion just one eighth of annual economic growth, while the trade deficit is financed out of the growth of the value of capital.

The problem is that after so many years of miserable returns on dollar assets, will global investors really be willing to absorb another trillion dollars in US debt at anything near current interest rates and exchange rates?

Interestingly, whereas most Americans are well aware of the 700 billion price tag for restructuring banks and the 787 billion stimulus package, far less attention has been paid to the almost 1 trillion spent on the Afghanistan and Iraq wars.

Indeed, since then, the write downs by US banks have already passed the 1 trillion mark (my floor estimate of losses), and institutions such as the IMF and Goldman Sachs now predict losses of more than 2 trillion.

The world's richest individuals, 225 of them, have the combined wealth of over 1 trillion and of the 4.4 billion people in developing countries 3 5 lack access to safe sewers, 1 3 have no access to clean water, and 1 5 have no access to medical services.