A billion dollars in Great Britain is worth a trillion dollars in the United States
No, this isn’t about international conversion rates, arbitrage, alternative universes, or even alien abductions (I’m only kidding about these last two.) It’s all about the way the different countries count their chickens and eggs.
You see, in the US, $1 billion is equal to 1,000 x $1,000,000, while in Great Britain, it was equal to 1,000,000 (one million) x $1 million. Get it? It’s sort of like the way the Brits like to add “u”s to words that Americans spell with just “o”s like color (American) vs. colour (British.) Continue reading A billion dollars in Great Britain is worth a trillion dollars in the United States